Feb 18 (Reuters) - Australia and New Zealand Banking Group Ltd (ANZ) on Thursday reported a higher first-quarter profit, boosted by higher home lending and lower credit losses as the domestic economy recovers from the COVID-19 pandemic.
Australia's fourth-largest bank said cash profit from continuing operations for the three months ended Dec. 31 came in at A$1.81 billion ($1.40 billion), up 54% from the quarterly average of the last two quarters.
($1 = 1.2902 Australian dollars)
News: ANZ Australia's ANZ first-quarter profit rises
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