ANZ 2023 Half Year Results
ANZ 2023 Half Year Results
CREDIT QUALITY
Individual Provision Charge / Avg. Gross Loans & Advances¹, %
0.35
0.30
0.25
0.20
0.15
0.10
0.05
0.00
-0.05
FY16
FY17
FY18
FY19
FY20
FY21
FY22
1H23
ANZ
Peer 1
Peer 2
Peer 3
-
-- ANZ 1H23
1. Source: Full Year loss rate data sourced from publicly available company financials
Substantially reshaped our
portfolio since 2016
•
Sold or exited >30 businesses
Grown in "lower loss" portfolios:
Sovereign
.
Mortgage
Bank
• Investment grade corporates
• Decreasing exposure to "higher
loss" portfolios and segments:
Reduced exposure to non-
investment grade corporates
while increasing collateral
• Reduced / restricted
.
exposures to unsecured
retail, unsecured small
business, third party asset
finance
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