Oct 15 (Reuters) - Westpac Banking Corp (WBC) :
- ACKNOWLEDGES RELEASE OF A DISCUSSION PAPER BY AUSTRALIAN PRUDENTIAL REGULATORY AUTHORITY (APRA)
- THERE IS NO IMPACT FROM THIS PROPOSAL ON CALCULATION OF GROUP'S REPORTED REGULATORY CAPITAL RATIOS ON A LEVEL 2 BASIS
- MUST CONTINUE TO MEET PRUDENTIAL REQUIREMENTS FOR LEVEL 1 CAPITAL WHICH MAY ULTIMATELY IMPACT CAPITAL RATIOS ON A LEVEL 2 BASIS
- EXPECTS TO FINALISE REVIEW ANNOUNCED ON TUESDAY ALONG WITH ITS BROADER REVIEW OF CAPITAL ADEQUACY FRAMEWORK IN 2020
- ON PROFORMA BASIS AT 30 JUNE, ESTIMATED APPLYING APRA'S PROPOSED APPROACH TO REDUCE CO'S LEVEL 1 CET1 CAPITAL RATIO BY ABOUT 40BPS
- WESTPAC'S LEVEL 2 CET1 RATIO AT 30 JUNE 2019 WAS 10.5% AND WOULD NOT BE AFFECTED BY THIS CHANGE
Oct 15 (Reuters) - Westpac Banking Corp (WBC) : ACKNOWLEDGES...
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Last
$33.07 |
Change
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Mkt cap ! $113.1B | |||
| Open | High | Low | Value | Volume |
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