Sector: Financials | Industry: Banks |
Company Contact | |
Address: | . VIC 3008 |
Tel: | 61-3-86547682 |
Website: | N/A |
IR: | N/A |
Key People | ||
Shayne Cary Elliott Chief Executive Officer, Executive Director | Antony Strong Group Executive - Strategy and Transformation | Farhan Faruqui Chief Financial Officer |
Antonia Watson Chief Executive Officer - New Zealand | Kevin Corbally Group Chief Risk Officer | Ken Adams Group General Counsel |
Maile Carnegie Group Executive - Australian Retail | Elisa Clements Group Executive - Talent & Culture | Gerard Florian Group Executive - Technology and Group Services | Clare Morgan Group Executive - Australia Commercial |
Business Overview |
ANZ Group Holdings Limited is a non-operating holding company. It operates in six divisions: Australia Retail, Australia Commercial, Institutional, New Zealand, Pacific, and Group Center. The Australia Retail division offers a range of banking services, such as home loans, deposits, credit cards and personal loans. It also offers digital and Internet banking and phone banking. The Australia Commercial division provides a full range of banking products and financial services, including asset financing, across customer segments: small business owners and medium commercial customers. The Institutional division services government, global institutional and corporate customers across Australia, New Zealand and International. The New Zealand division provides personal banking and wealth management services. The Pacific division provides retail products for traditional relationship banking. The Group center supports the operating divisions, including technology, property, and risk management. |
Financial Overview |
For the six months ended 31 March 2024, ANZ Group Holdings Ltd (ADR) interest income increased 31% to A$29.81B. Net interest income after loan loss provision decreased 6% to A$7.83B. Net income decreased 4% to A$3.41B. Net interest income after loan loss provision reflects Australia Retail segment decrease of 13% to A$2.57B, Institutional segment decrease of 12% to A$1.89B, Net Interest Margin, Total -% decrease of 11% to 1.56%. |