Directors from ANZ, ASB, BNZ, Westpac, Kiwibank, Rabobank, The Cooperative Bank, SBS Bank, Heartland Bank, Bank of China and Bank of Baroda were interviewed by Deloitte. According to the report, 99% of respondents said they have not signed an attestation collectively while having their own reservations.
ASB's first-half net profit fell 5 per cent, mostly reflecting a loss on the sale of its funds administration business and a flat underlying result. The bank reported a net profit of $599 million for the six months ended December, including a $28m loss from selling Aegis last year, compared with $630m in the same six months a year earlier.
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