The bank's growth was boosted by lending growth in both home loans and business lending but its rural lending was down. Photo: Getty ImagesASB bank's cash net profit for the six months to December 31 hit $614 million - a flat result on the same prior period in 2018. ASB bank's net interest income was down slightly to $1.060 billion and its total operating income rose 1% to $1.383b. The bank's growth was boosted by lending growth in both home loans and business lending but its rural lending was down. But its cash net profit after tax was down 4.3% to A$4.477b.

Source: Otago Daily Times February 11, 2020 21:33 UTC