Feb 17 (Reuters) - Westpac Banking Corp (WBC) said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as the lender increased provisions for bad debts.
The No. 3 bank in Australia said the CET1 ratio, a metric of liquid assets, was 11.13% in December-end, compared with 11.29% at the end of September 2022 and a Citi estimate of 11.2%.
Feb 17 (Reuters) - Westpac Banking Corp (WBC) said on Friday...
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