Aug 21 (Reuters) - Australia's no. 3 lender Westpac Banking Corp (WBC) reported an uptick in its debt arrears in third-quarter due to high interest rates and sticky inflation, while also posting a fall in its capital levels.
The bank said that its mortgages with more than 90 days late rose 0.80% in the three-months ended June for the country, in a update which did not include any cash earnings number.
The bank further reported cash profit of A$1.8 billion ($1.15 billion) for the third quarter ended June on account of higher earnings and margin management.
($1 = 1.5630 Australian dollars)
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Aug 21 (Reuters) - Australia's no. 3 lender Westpac Banking...
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$34.28 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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6 | 2460 | 34.270 |
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Price($) | Vol. | No. |
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34.320 | 4021 | 9 |
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34.340 | 4446 | 10 |
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