ASB grows home loans by $1.7b over two quarters with $1.4b, or 84%, coming in lending where the borrower has deposit/equity worth less than 20% of the loan
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage & business lending growth remained above overall market growth in the March quarter
ANZ NZ posts interim profit of NZ$655 mln as it cuts costs & provisions for bad loans fall; Lending up 1% deposits up 4%, Net interest margin down 10 basis points
Deutsche Bank analysts say ANZ is being penalised for its lower-than-peer dividend payout ratio; Could sustain ratio of as much as 81% compared with current 65%
Loan to value ratio caps and increased sectoral capital requirements seen as the biggest threats to bank profitability out of the RBNZ's macro-prudential tools
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