Westpac Reports Higher Full-Year Profit, Flags Slowing Loan Demand
Westpac's full-year profit ticked higher, while the bank flagged slowing loan demand.
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09:36:53 PM UTC
SquawkNews
Australian lender Westpac Banking Corp ASX:WBC reported a marginal rise in its full-year profit on Monday, helped by healthy growth in deposits and lending, although mortgage demand slowed following the government's tax changes.The country's third-largest lender by market value reported net profit…