ANZ says 1HFY21 profit will be impacted by A$135m equity accounted losses from AMMB

ANZ says 1HFY21 profit will be impacted by A$135m equity accounted losses from AmBank

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KUALA LUMPUR (April 30): Australia and New Zealand Banking Group Ltd (ANZ), which owns about 24% of AMMB Holdings Bhd (AmBank), said today its first-half cash profit will be impacted by a number of notable items, including A$135 million (about RM430.74 million) after-tax equity accounted losses from AmBank relating to goodwill impairment recognised by AmBank as at March 31, 2021.

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