However, to put it in context ...HC writers have some concern with APRA add-on, banks in Oz operate with capital levels that are significantly higher (>200bp) than ICAAP/SREP targets. For CBA that is about $8BN. Alternatively, the $1bn capital add-on for CBA fires up the capital required by a huge (!?) 23 basis point.
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However, to put it in context ...HC writers have some concern...
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