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BRIEF-Auswide Bank Announces Small Increase In Final Dividend Payable In Respect Of Second Half Of FY19

Published 04/06/2019, 10:04 am
Updated 04/06/2019, 10:10 am
© Reuters.  BRIEF-Auswide Bank Announces Small Increase In Final Dividend Payable In Respect Of Second Half Of FY19
ABA
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June 4 (Reuters) - Auswide Bank Ltd ABA.AX :

* THERE WILL BE A SMALL INCREASE IN FINAL DIVIDEND PAYABLE IN RESPECT OF SECOND HALF OF FY 2019

* NET INTEREST MARGIN IMPROVED IN H2 FOLLOWING MANAGEMENT OF FUNDING AND LENDING MARGINS AND IMPROVED BBSW ENVIRONMENT

* LOAN BOOK GROWTH HAS ACCELERATED IN SECOND HALF OF FY19 WITH ANNUALISED GROWTH OF 6% PROJECTED

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