ABA auswide bank ltd
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News: ABA Auswide Bank Says Fy22 Net Interest Margin Of 194Bps, Down 6Bps On Fy21

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    29/08/22
    11:40
    Post #: 63380248

    Aug 29 (Reuters) - Auswide Bank (ABA) :

    • FY22 NET INTEREST MARGIN OF 194BPS, DOWN 6BPS ON FY21
    • EXPERIENCED A STRONG START TO FY23
    • RECORD LEVEL OF LOAN APPROVALS IN YEAR TO DATE IS EXPECTED TO DELIVER LOAN BOOK GROWTH OF 1.5X TO 2.0X SYSTEM ACROSS H1
    • NIM IS SUPPORTED BY FUNDING AND PRICING MANAGEMENT AND IS PROJECTED TO TREND UPWARDS IN Q1 OF FY23
    • BOARD HAS RESOLVED TO UNDERWRITE DIVIDEND REINVESTMENT PLAN FOR FINAL DIVIDEND OF FY22
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