I can tell from my experience that ANZ is a bank that is now actually lending.
Unlike NAB that look for every excuse under the sun not to lend. Including to their own once loyal customers!
As someone who likes to invest in companies that I use their product or service, I'm now on-board as a shareholder in ANZ.
6% dividend yield and a PE just over 12, fundamentals look attractive.
Technicals look good too since Jan. Better times ahead for well run banks...
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ANZ
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A bank that actually lends
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