News | Business
11 Nov 2025 8:47
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
    •    Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    A 2.5 billion dollar boost for our largest bank

    A 2.5 billion dollar boost for our largest bank

    10 November 2025
    ANZ New Zealand's announced a 21-percent increase in its annual profit.

    It's largely down to a good year for the bank's hedging - investments designed to offset financial risks.

    Chief Executive Antonia Watson says the bank also grew its balance sheet, and adjusted funds set aside for covering unpaid loans.

    Westpac had a 13-percent profit increase - and there was no change for BNZ.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     11 Nov: The boss of our largest bank says its latest rise in profit doesn't tell the full story
     11 Nov: Concerns housing developers are paying little attention to design and/or comfort
     11 Nov: A very large Sauvignon Blanc harvest is hurting Marlborough wine makers' pockets
     11 Nov: Banks are under pressure to deliver customers more value
     10 Nov: ANZ New Zealand's top boss is taking home well over two-million dollars this year
     10 Nov: Christchurch rate-payers could be in for a nine-percent rates rise next year
     10 Nov: A rise in Australian visitors crossing the ditch, is boosting Christchurch's economy
     Top Stories

    RUGBY RUGBY
    The All Blacks are easing into their England test week on the back of a taxing win over Scotland More...

    BUSINESS BUSINESS
    The boss of our largest bank says its latest rise in profit doesn't tell the full story More...


     Today's News

    		 Law and Order:
    A person's in a critical condition following a serious incident in the Christchurch suburb of Wainoni 8:37

     Entertainment:
    Hailee Steinfeld is "stepping into [her] own as a woman" 8:22

     Politics:
    Details are expected a little later today of the highly anticipated rewrite of the Arms Act 8:17

     Business:
    The boss of our largest bank says its latest rise in profit doesn't tell the full story 8:07

     International:
    Donald Trump pardons Rudy Giuliani and others involved in trying to overturn 2020 election 7:57

     Business:
    Concerns housing developers are paying little attention to design and/or comfort 7:57

     Entertainment:
    Millie Bobby Brown has a "photographic memory" 7:52

     Law and Order:
    Notorious killer Phillip John Smith's revealed in his 18th parole hearing that he's been trading cryptocurrency in prison 7:37

     International:
    Trump threatens to sue 'corrupt' BBC for $1.5 billion over 'salacious' documentary 7:27

     Rugby:
    The All Blacks are easing into their England test week on the back of a taxing win over Scotland 7:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd