February 14, 2018 / 12:05 AM / 10 months ago

BRIEF-National Australia Bank Responds To APRA Paper On Capital Framework

Feb 14 (Reuters) - National Australia Bank Ltd:

* NAB RESPONDS TO APRA PAPER ON CAPITAL FRAMEWORK-NAB.AX

* NAB CONTINUES TO EXPECT TO MEET APRA’S 10.5 PCT TARGET IN AN ORDERLY MANNER BY JANUARY 2020

* ‍CONSULTATION ON DRAFT PRUDENTIAL STANDARDS FOR CREDIT AND OPERATIONAL RISK IS EXPECTED TO FOLLOW IN LATE 2018​

* AS AT DEC. 31 2017, NAB’S LEVERAGE RATIO WAS 5.4 PERCENT

* APRA PROPOSED MINIMUM LEVERAGE RATIO REQUIREMENT OF 4% FOR INTERNAL RATINGS BASED ADIS​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below