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Westpac bank 1H net profit a$2.20b, div 70 cents

marketwatch.com
May 1, 2008
        
Story Timeline:  218 days

SYDNEY (MarketWatch) -- Westpac Banking Corp. said Thursday its first half cash profit growth slowed slightly to 10%on year as the effects of the global credit crunch took a toll. However, the Sydney-based bank said that lending demand remained sound for the half and while it is cautious on the... [read full story]                    

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Latest article on this story:

Bad debts take chunk of Westpac profit

 apn.co.nz May 1, 2008
First article on this story:

Westpac profits up 34pc

 abc.net.au Apr 30, 2008
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apn.co.nz: Westpac NZ chief Brad Cooper describes the result as 'encouraging apn.co.nz

Bad debts take chunk of Westpac profit

apn.co.nz
May 1, 2008
        

Growing pressure felt by business customers has forced Westpac New Zealand to increase its provisions for bad loans, eating into its profits. Yesterday the bank, which is New Zealand's largest after ANZ National, reported a March... ... 5:00AM Friday May 02, 2008 By...

                   

Mortgage defaults to rise in Sydney's west

news.com.au
May 1, 2008
        

THE number of cash-strapped home owners defaulting on their mortgages, particularly in Sydney's west, is yet to peak, Westpac boss Gail Kelly warns. ... THE number of cash-strapped home owners defaulting on their mortgages is yet to reach its peak, Westpac boss Gail Kelly...

                   

Westpac releases strong profit results

abc.net.au
May 1, 2008
        

There was relief from investors and banking analysts today, when Westpac announced a strong half-year profit result. There were concerns about just how badly the global credit crunch may have affected the bank. But the first result unveiled by the bank's new CEO Gail Kelly, showed that Westpac's...

Westpac profits up 34pc

abc.net.au
Apr 30, 2008
        

There has been a strong profit performance from Westpac Banking Corporation, the first to be announced by its new chief executive officer, Gail Kelly. ... For the six months to the end of March Westpac delivered a bottom line profit of $2.2 billion. That is up 34 per...