Oct 15 (Reuters) - National Australia Bank Ltd (NAB) :
- NOTED AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY'S CONSULTATION ON PROPOSED CHANGES TO PRUDENTIAL STANDARD
- ON A PRO FORMA BASIS, PROPOSED CHANGES ARE NOT EXPECTED TO IMPACT AMOUNT OF CAPITAL REQUIRED TO BE HELD BY NAB GROUP
- CONTINUES TO EXPECT TO ACHIEVE APRA'S 'UNQUESTIONABLY STRONG' CET1 BENCHMARK OF AT LEAST 10.5% AT BOTH LEVELS BY 1 JANUARY 2020
- UNDER PROPOSED STANDARD, THERE IS MINIMAL IMPACT ON NAB'S LEVEL 1 CET1 RATIO AND NAB'S LEVEL 2 CET1 RATIO WOULD BE UNCHANGED
- ULTIMATE IMPACT TO NAB GROUP WILL BE SUBJECT TO FINALISATION OF PROPOSED CHANGES, AS WELL AS ANY CHANGES TO NAB'S INVESTMENT IN BNZ
News: NAB National Australia Bank Notes APRA Consultation
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