UPDATE 1-Australia’s CBA profit slides 23.5%, keeps $971 mln for COVID-19 credit losses
Commonwealth Bank of Australia
kept aside A$1.5 billion ($971.25 million) on Wednesday to cover
expected loan losses caused by the COVID-19 pandemic and posted
a 23.5% drop in third-quarter cash profit.
kept aside A$1.5 billion ($971.25 million) on Wednesday to cover
expected loan losses caused by the COVID-19 pandemic and posted
a 23.5% drop in third-quarter cash profit.
Posted by Reuters
