Dec 5 (Reuters) - National Australia Bank Ltd (NAB) :
- NOTES RBNZ CAPITAL FRAMEWORK
- AS AT 30 SEPTEMBER 2019, NAB'S LEVEL 2 CET1 RATIO WAS 10.38%.
- EXPECTED TO BE NO IMPACT ON NAB'S LEVEL 2 CET1 RATIO FROM INCREASED BNZ CAPITAL REQUIREMENTS OR CHANGES TO BNZ RWA.
- AS AT 30 SEPTEMBER 2019, NAB'S LEVEL 1 CET1 RATIO WAS 10.53%.
- FINAL CAPITAL REQUIREMENTS INCLUDE INCREASE IN TIER 1 CAPITAL REQUIREMENT EQUAL TO 16 % OF RWA FOR BANKS DEEMED SYSTEMICALLY IMPORTANT
- BASED ON BNZ'S BALANCE SHEET AS AT 30 SEPT, CHANGES REPRESENT A CET1 CAPITAL INCREASE OF NZ$3-4BN FOR BNZ BY 1 JULY 2027
- UNDER APRA'S PROPOSED CHANGES, ADDITIONAL EQUITY INVESTMENT IN BNZ OVER TRANSITION PERIOD EXPECTED TO BE DEDUCTED FROM CO'S LEVEL 1 CET1 CAPITAL
Source: https://reut.rs/2LlGix1
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Dec 5 (Reuters) - National Australia Bank Ltd (NAB) : NOTES...
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