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Westpac's half year profits rise

Author
Sam Thompson,
Publish Date
Mon, 4 May 2015, 12:37pm

Westpac's half year profits rise

Author
Sam Thompson,
Publish Date
Mon, 4 May 2015, 12:37pm

Westpac Bank's New Zealand operations half year profit has risen two percent.

Cash earnings are up $9 million to $441 million.

The bank's residential and business lending grew but was off set by increased impairment charges which rose to $31 million, up from $4 million a year earlier.

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