Login
ISCOVER
Despite absorbing higher funding costs, Australian Central Credit Union today reported a healthy after-tax profit of $12.1 million for the financial year ending June 2008
The result was up a modest 0.39 per cent from last year.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
“We absorbed costs associated with rising interest rates and this has impacted on our profit, but it was absolutely the right thing to do for our members,” managing director of ACCU Peter Evers said.
Published: 19-08-08
