ANZ announce slump in profits due to stockpiling $1b in cash reserves | ABC News

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  • NAB cut its dividend 64 per cent the other day, but ANZ went one better today and cut it 100 per cent, or rather deferred it till who knows when. The bank also announced a halving of its profit because of a huge increase in the impaired loan provision.

    Read more here: https://www.abc.net.au/news/2020-04-30/anz-announces-51pc-profit-slump-dividend-deferral/12199970?section=business

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