Business
ANZ reports 42 per cent profit fall, pledges to exit coal – Sydney Morning Herald
ANZ has reported a 42 per cent fall in full-year cash profit and has committed to paying a massively scaled-back dividend due to credit losses and writedowns in…
“We could never have forecast 2020, a year that started with devastating bushfires in Australia and unwound with the waves of a pandemic that continues today,” he said in a statement to the ASX on Thursday morning.
“While we still cannot predict its course, we remain confident we can deal with its impacts.
“We want our customers to know we will continue to do all we can to support them through the tough times.”
ANZ provided an update on its 95,000 home loan deferrals, reporting 42 per cent were…
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