Westpac is pointing to a range of reasons for its fall in profits
Westpac is pointing to a range of reasons for its fall in profits
6 November 2023
The bank had a 963 million dollar net profit for the year to September, down seven percent from 2022.
CEO Catherine McGrath says Westpac has been investing heavily in key parts of the business.
She says they have made unique investments to improve the customer experience.
McGrath says they are the first bank in New Zealand to add an extra layer of security to prevent scams.
© 2024 Newstalk ZB, NZCity