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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

(ANZ)
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Australia and New Zealand Banking : ANZ provides support package for customers affected by Victorian floods

06/10/2021 | 11:18pm EDT

High winds and flash flooding have impacted several Victorian communities including Gippsland, with homes damaged or left without power and more rain is expected. The Victorian State Emergency Service said it was the busiest 24 hour period in its history.

ANZ encourages customers affected by the floods to contact the bank when they're ready to discuss how they can access a range of financial support measures, which may include:

  • Short-term payment relief on home loans, credit cards, personal loans and some business loans (we may still charge you interest during that period)
  • Waiving fees for restructuring business loans
  • Waiving fees for accessing term deposits early

ANZ general manager for Victoria and Tasmania Cameron Home said: 'These storms have left hundreds of residents affected, with significant damage to their homes or businesses. People in these communities are going to need help and support to get back on their feet.'

'As our customers begin the recovery process, we hope these relief measures will assist in what is a very difficult time.'

ANZ customers affected by the floods are encouraged to contact their local branch or relationship manager to discuss the impact on their business or personal circumstances.

Customers can also contact ANZ's dedicated financial hardship team on 1800 149 549 or at anz.com.au/support/natural-disaster-support/

Customers with ANZ Home and Contents Insurance may be eligible for emergency funds and temporary accommodation.

To lodge an insurance claim, customers can call 13 16 14 or visit anz.com/insuranceclaims

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Disclaimer

ANZ - Australia & New Zealand Banking Group Ltd. published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 03:17:04 UTC.


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Sales 2021 17 506 M 12 912 M 12 912 M
Net income 2021 6 022 M 4 442 M 4 442 M
Net Debt 2021 - - -
P/E ratio 2021 13,8x
Yield 2021 4,95%
Capitalization 79 350 M 58 552 M 58 527 M
Capi. / Sales 2021 4,53x
Capi. / Sales 2022 4,37x
Nbr of Employees 37 844
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 28,07 AUD
Average target price 29,92 AUD
Spread / Average Target 6,60%
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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