ANZ posts record half-year result, could be on track for $2bHAGEN HOPKINS/GETTY IMAGES ANZ chief executive David Hisco: "ANZ has grown in home lending and deposits, which reflects the continuing strength of the New Zealand housing market and of the economy generally." ANZ has reported a record profit for the six months to the end of March. New Zealand customer deposits were up 5 per cent and lending up 3 per cent. She said she would not describe 11 per cent year-on-year profit growth as "sustainable". Second-half profits are usually a little higher than first-half, which puts ANZ on track to deliver the country's first $2 billion annual bank profit.

Source: Stuff April 30, 2018 22:07 UTC