BUZZ-Australia's ANZ falls after recording higher impaired assets

Reuters

2025/02/20

** Shares of ANZ Group ANZ.AX fall as much as 3.6% to A$29.045

** Stock set for biggest one-day pct drop since November 13, 2024

** The country's fourth-biggest lender says asset impairments jumped to A$1.90 billion ($1.21 billion) in the first quarter, their highest levels since 2021, driven primarily by mortgages

** Stock rose 10.1% in 2024

($1 = 1.5751 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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