by bondevalue | May 5, 2021 | Banks, Investment Grade Bonds
Aussie lender ANZ Group reported H1 profits after tax of A$2.9bn ($2.2bn), a 45% improvement over 2H2020. Profits were helped by a release of A$491mn ($380mn) in provisions vs. a charge of A$1.06bn ($820mn) in 2H2020. The bank’s CET1 ratio was at 12.4%, a 110bp rise...