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- Release Date: 08/10/12 10:30
- Summary: CREDIT: ANB: Standard & Poor's raises rating
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ANB
08/10/2012 08:30
CREDIT
REL: 0830 HRS ANZ National Bank Limited
CREDIT: ANB: Standard & Poor's raises rating
Standard & Poor's raises rating
On 5 October 2012 Standard & Poor's Rating Services announced that it has
raised its ratings on 38 hybrid capital instruments issued by eight
Australian banking groups and their subsidiary companies; and at the same
time removed them from CreditWatch with positive implications, where they
were placed on September 7, 2012.
This rating action follows a statement by the Australian Prudential
Regulation Authority (APRA) on September 28, 2012, concerning the release of
its Basel III capital reform package.
The rating action for ANZ National Bank Limited is as follows:
o ANBHA- Junior Subordinated (1 issue): from BBB/WatchPos to BBB+
Paul Daley
Treasurer
Email: [email protected]
End CA:00228192 For:ANB Type:CREDIT Time:2012-10-08 08:30:17