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(Reuters) -Australia's Westpac Banking posted a 13% rise in its first-quarter net profit on Monday, helped by growth in customer deposits and housing and business loan volumes.
The country's No. 3 lender by market value said unaudited net profit was A$1.7 billion ($1.08 billion) for the three months ended December 31, compared with A$1.5 billion posted a year earlier.
The bank's core net interest margin - the difference between interest earned from lending and paid for deposits - fell 2 basis ...
>>> Read more: Australian lender Westpac reports 13% rise in first-quarter profit
The country's No. 3 lender by market value said unaudited net profit was A$1.7 billion ($1.08 billion) for the three months ended December 31, compared with A$1.5 billion posted a year earlier.
The bank's core net interest margin - the difference between interest earned from lending and paid for deposits - fell 2 basis ...
>>> Read more: Australian lender Westpac reports 13% rise in first-quarter profit
