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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

(ANZ)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 07/30
27.71 AUD   -0.14%
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Australia and New Zealand Banking : ANZ provides financial support for customers dealing with the mouse plague in regional Australia

05/27/2021 | 10:17pm EDT

Fuelled by a bumper harvest season, millions of mice have wreaked havoc across large swathes of agricultural land in regional New South Wales and southern Queensland, causing significant damage to property and crops.

ANZ encourages customers affected to contact their dedicated agribusiness banker when they're ready to discuss their needs and to understand the range of financial support measures that might assist, which might include the waiving of fees and temporarily pausing loan repayments.

ANZ's head of Agribusiness Mark Bennett said: 'This plague is proving very costly and disruptive. Many regional customers were still finding their feet after the drought and now as they recover, they have another problem to deal with.'

'Mice have destroyed stored hay and grain and continue to raid freshly sown crops, meaning many farmers have lost valuable inventory and have been forced to re-sow. We want to support our impacted customers and we hope the measures can help them navigate these issues with improved confidence.'

ANZ customers can also call the dedicated hardship team on 1800 351 548 to discuss their specific circumstances and how the bank can assist them with a tailored solution.

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Disclaimer

ANZ - Australia & New Zealand Banking Group Ltd. published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 02:16:03 UTC.


© Publicnow 2021
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Financials
Sales 2021 17 506 M 12 849 M 12 849 M
Net income 2021 6 022 M 4 420 M 4 420 M
Net Debt 2021 - - -
P/E ratio 2021 13,6x
Yield 2021 5,01%
Capitalization 78 332 M 57 546 M 57 496 M
Capi. / Sales 2021 4,47x
Capi. / Sales 2022 4,31x
Nbr of Employees 37 844
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Number of Analysts 13
Last Close Price 27,71 AUD
Average target price 29,92 AUD
Spread / Average Target 7,98%
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Managers and Directors
Shayne Cary Elliott Chief Executive Officer & Executive Director
Shane Buggle Chief Financial Officer
Paul Dominic O'Sullivan Chairman
Gerard Florian Group Executive-Technology
Michael Liarakos Chief Compliance Officer