Profits increased eight per cent from the same period in 2013, according to an ANZ announcement on the ASX.
ANZ chief executive Mike Smith said the strong growth in Asia and businesses linked with Asia continues to be a highlight for ANZ.
“Our unique regional capability also helped us regain the number one lead bank position in institutional banking in Australia and retain the number one lead bank position in New Zealand,” he said.
The global wealth business had also seen good underlying momentum across its key business lines following the launch of a number of solutions during the year, according to Mr Smith.
Mr Smith said ANZ’s strategy continues to strengthen the company’s position across all key markets.
“Our focus on productivity continues to provide us with the flexibility to adjust for the economic environment,” he said.
“This includes further progress with our delivery transformation strategy, which is producing better quality outcomes for customers and further reductions in unit costs,” he said.
Mr Smith said ANZ’s portfolio of businesses has produced a strong profit and is on track to meet full-year expectations.
“Looking ahead, the balance we are creating between growth, return and capital generation positions ANZ well for improved financial performance in the medium and longer term,” he said.
