Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement - S&P Global Ratings’ Credit Research

Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement

Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement - S&P Global Ratings’ Credit Research
Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement
Published Apr 30, 2013
936 words — Published Apr 30, 2013
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Abstract:

MELBOURNE (Standard&Poor's) April 30, 2013--Standard&Poor's Ratings Services said today that its ratings on Australia and New Zealand Banking Group Ltd. (ANZ; AA-/Stable/A-1+) were unchanged following the announcement today by ANZ of its 2013 first-half results. Our rating outlook on ANZ remains stable. ANZ's result was strong overall, by international standards, and broadly in-line with current rating expectations. Statutory profit after tax of A$2.9 billion was up 7%, compared with the second half of 2012. Key asset quality metrics also improved, as indicated by the 10% decline in gross impaired assets to A$4.7 billion, compared with the second half of 2012; and the lower provisioning costs. We consider that ANZ's capitalization continues to be consistent with our

  
Brief Excerpt:

RESEARCH Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement Publication date: 30-Apr-2013 Primary Credit Analyst: Gavin J Gunning, Melbourne (61) 3-9631-2092; gavin_gunning@standardandpoors...

  
Report Type:

Bulletin

Ticker
ANZ@AU
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement" Apr 30, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Australia-and-New-Zealand-Banking-Group-Ltd-Ratings-Unchanged-After-2013-Half-Year-Results-Announcement-1123648>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Australia and New Zealand Banking Group Ltd. Ratings Unchanged After 2013 Half-Year Results Announcement Apr 30, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Australia-and-New-Zealand-Banking-Group-Ltd-Ratings-Unchanged-After-2013-Half-Year-Results-Announcement-1123648>
  
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