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ANZ CEO says decreased profit down to 'competitive' banking market

Author
Newstalk ZB,
Publish Date
Mon, 9 Nov 2026, 7:53pm
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ANZ New Zealand. Photo / File

ANZ New Zealand has posted a $2.4 billion net profit - sliding from a record $2.5 billion the year before.

The Australian bank's released its financial results to September.

Chief executive Ben Kelleher says these results reflect a tricky economic environment and increased competition in the banking sector.

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