ANZ has posted its half-result year with the COVID-19 crisis hitting in the final weeks of the reporting period.
A decision on the dividend was deferred by the board until more clarity emerged.
ANZ posted a statutory profit after tax of $1.55 billion in the full year, a 51 per cent decrease. Cash profit was down, at $A1.41 billion.
The bank’s Core Equity Tier 1 capital ratio was 10.8 per cent, above the Australian Prudential Regulation Authority’s (APRA) ‘unquestionably strong’ measure.
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