March 19 (Reuters) - AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY:
- AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY (APRA) SAYS ANNOUNCED TEMPORARY CHANGES TO ITS EXPECTATIONS REGARDING BANK CAPITAL RATIOS
- APRA SAYS TEMPORARY CHANGES ARE TO ENSURE BANKS WELL POSITIONED TO CONTINUE TO PROVIDE CREDIT TO THE ECONOMY IN CURRENT CHALLENGING ENVIRONMENT
- APRA - ADVISING ALL BANKS THAT GIVEN COVID-19 SITUATION, IT EXPECTS THEY MAY NEED TO UTILISE SOME CURRENT LARGE BUFFERS TO FACILITATE ONGOING LENDING
- APRA - PROVIDED BANKS ABLE TO MEET MINIMUM CAPITAL REQUIREMENTS, APRA NOT CONCERNED IF BANKS NOT MEETING ADDITIONAL BENCHMARKS ANNOUNCED IN 2016
Source text http://bit.ly/2WpYA6F
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News: WBC Australia's APRA Announces Temporary Changes To Expectations Regarding Bank Capital Ratios
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