A.N.Z. BANK PROFIT UP
Steady 5 p.c. Interim
The Australia and New Zealand Bank Ltd., London, expects its over-all profits for the group to improve in the current year, in spite of difficult tonditions in New Zealand, directors say in their interim report. A steady 5 per cent dividend has been declared, payable on July 4, ex June 5. Earnings for the first half of the year show an increase on the Same period the previous year, directors add. Shareholders in New Zealand with shares on the N.Z. register will benefit from the arrangement made by the bank with the United Kingdom tax authorities, they say. This will mean these shareholders will receive their dividends, less tax at the much reduced rate of 3s in the £Stg.
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Bibliographic details
Press, Volume CVI, Issue 31365, 10 May 1967, Page 35
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127A.N.Z. BANK PROFIT UP Press, Volume CVI, Issue 31365, 10 May 1967, Page 35
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