Dec 5 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* ASX ALERT-ANZ UPDATE ON RBNZ CAPITAL REQUIREMENTS-ANZ.AX
* AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - NET IMPACT ON ANZ IS AN INCREASE IN COMMON EQUITY TIER 1 (CET1) CAPITAL OF ABOUT A$3.0 BILLION BY JULY 2027
* AUSTRALIA AND NEW ZEALAND BANKING - IMPACT IS NET OF NZ$1.5 BILLION OF PROFITS THAT CO RETAINED IN 2019 IN ANTICIPATION OF MEETING HIGHER REQUIREMENTS
* AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - NO CHANGE IN TOTAL TIER 1 CAPITAL REQUIRED FOR ANZ BANK NEW ZEALAND (ANZ NZ) OF 16%
* AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - TOTAL CET1 IMPACT OF ABOUT A$4.5 BILLION LOWER THAN WHAT WAS PREVIOUSLY ANTICIPATED
* ANZ - GREATER PROPORTION OF INCREASE IS IN ADDITIONAL TIER 1 CAPITAL OF 2.5%, DECREASING AMOUNT OF CET1 CAPITAL REQUIRED
* ANZ- "WHILE INCREASED CAPITAL REQUIREMENTS REMAIN SIGNIFICANT, CONSULTATION WAS THOROUGH AND CONCERNS OF INDUSTRY WERE GIVEN A FAIR HEARING"
* ANZ - GIVEN EXTENDED TRANSITION PERIOD & STRONG CAPITAL POSITION, CONFIDENT WE CAN MEET HIGHER REQUIREMENTS WITHOUT NEED TO RAISE ADDITIONAL CAPITAL
* ANZ- "WE REMAIN ALIGNED WITH RBNZ'S OBJECTIVE TO ENSURE A SOUND AND EFFICIENT FINANCIAL SYSTEM IN NEW ZEALAND"
* ANZ - ANZ'S CET1 CAPITAL RATIO AS AT 30 SEPTEMBER 2019 WAS 11.4%