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Australian bank ANZ's third-quarter cash profit grows 1%

Australian bank ANZ's third-quarter cash profit grows 1%

- ANZ Group ANZ.AX reported 1% growth in its third-quarter cash profit from the average of the prior two quarters on Thursday, driven by higher lending volumes and improved net interest margins.

Australia's fourth-biggest lender by market capitalisation reported a cash profit of A$1.90 billion ($1.34 billion) for the quarter ended June 30.


($1 = 1.4166 Australian dollars)


(Reporting by Rajasik Mukherjee and Sherin Sunny in Bengaluru; Editing by Shinjini Ganguli)

((Rajasik.Mukherjee@thomsonreuters.com;
Sherin.Sunny@thomsonreuters.com;))

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