WBC westpac banking corporation

News: WBC Westpac Notes RBNZ Decision To Freeze Distribution Of Dividends During Covid-19

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    April 2 (Reuters) - Westpac Banking Corp (WBC) :

    • NOTES DECISION BY RBNZ TO FREEZE DISTRIBUTION OF DIVIDENDS ON ORDINARY SHARES BY ALL BANKS IN NEW ZEALAND DURING COVID-19
    • IS WELL CAPITALISED; AT 31 DEC 2019 HAD A LEVEL 2 CET1 CAPITAL RATIO OF 10.8% AND A LEVEL 1 CET1 CAPITAL RATIO OF 11.1%
    • NON-PAYMENT OF DIVIDENDS FROM CO'S NEW ZEALAND BANKING UNIT, WESTPAC NEW ZEALAND, ONLY AFFECTS CO'S LEVEL 1 CET1 CAPITAL RATIO
 
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Last
$38.69
Change
0.190(0.49%)
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