WBC westpac banking corporation

News: WBC Westpac first-half net profit rises 22%

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    May 8 (Reuters) - Australia's Westpac Banking Corp (WBC) on Monday reported a 22% rise in its first-half net profit, boosted by improving margins as a result of rising interest rates and growth in home and business loans.

    The country's No.3 lender said net profit came in at A$4.00 billion ($2.70 billion) for the six months ended March 31, compared with A$3.28 billion a year earlier. ($1 = 1.4819 Australian dollars)

 
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