Covid-19 has had an impact on TSB’s bottom line, cutting its net profit by almost 34 per cent on last year. TSB's net profit is down $21.1 million on the previous financial year, a result the bank's chief executive says is largely due to the coronavirus pandemic. In a statement, chief executive Donna Cooper said the result reflected the significant impact Covid-19 was having on New Zealanders. Simon O'Connor/Stuff TSB chief executive Donna Cooper says TSB worked closely with its customers during the coronavirus crisis. “As a result of Covid-19 we were forced to adapt quickly, and so were our customers.

Source: Stuff July 30, 2020 03:11 UTC