Business
ANZ keeping options open on dividend despite higher repayment numbers – Sydney Morning Herald
ANZ’s remuneration report passed with flying colours and the lender is on the road to recovery. But a shareholder revolt over climate policy was a thorn in the…
According to ANZ’s latest update on loan deferrals, 80 per cent of customers had now started making repayments on loans that were paused in March.
The bank saw the sharpest fall in loan deferrals in October, from 95,000 frozen accounts in mid-October to 33,000 in November and then 31,000 as of December 11. Mr O’Sullivan said the figures showed the environment was improving but added “there’s still a lot of uncertainty out there”.
The cautious note from Mr O’Sullivan came despite the Australian Prudential…
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