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ASB interim profit drops from record high, dividend doubles

Falling net interest margin and rising costs push ASB half-year profit lower

New-zealand
Australia
Vittoria-shortt
Commonwealth-bank

ASB chief executive Vittoria Shortt warns interest rate watchers to 'be prepared for any eventuality'

“Be prepared for any eventuality.” This is a message ASB chief executive Vittoria Shortt wants to deliver to borrowers trying to pick where interest rates.

New-zealand
New-zealanders
Vittoria-shortt
New-zealand-registered
Reserve-bank
Asb
Chief
Executive
Vittoria
Shortt
Warns

ASB announces 11 per cent drop in half-year profit

By RNZ ASB has reported an 11 per cent fall in its half-year profit, as it was hit by slower lending, reduced margins and higher costs. The bank’s run of.

New-zealand
Vittoria-shortt
Asb
Announces
11
Uper
Scent
Drop
In
Halfyear
Profit

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