Hi Anon, Basel III requires up to 9.5%, with more if a bank is systemic, which I would think the big four are. APRA says (last November) that one of the costs of complying with Basel III is - higher profits for the banks.
http://www.apra.gov.au/Speeches/Documents/APRA-Finsia%20Basel%20III%20Implementation%2023%20November%202011%20CWL%20presentation.pdf
- Forums
- General
- why oz banks borrow money from foreign banks?
why oz banks borrow money from foreign banks?, page-14
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online