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BRIEF-Bank Of Queensland Says Taken A Further Collective Provision Of $61M During 3Q20

Published 24/07/2020, 09:43 am
© Reuters.
BOQ
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July 24 (Reuters) - Bank of Queensland Ltd BOQ.AX :

* BANK OF QUEENSLAND- TAKEN A FURTHER COLLECTIVE PROVISION OF $61M DURING 3Q20, BRINGING TOTAL COVID‐19 RELATED COLLECTIVE PROVISION TO $71M

* BANK OF QUEENSLAND - TAKEN FURTHER COLLECTIVE PROVISION OF $61M DURING 3Q20, BRINGING TOTAL COVID‐19 RELATED COLLECTIVE PROVISION TO $71M

* BANK OF QUEENSLAND LTD - AS AT 31 MAY 2020 COMMON EQUITY TIER 1 CAPITAL RATIO WAS 9.8%

* BANK OF QUEENSLAND-THERE REMAINS CONSIDERABLE ECONOMIC UNCERTAINTY, BOQ TO CONTINUE TO MONITOR COVID‐19 IMPACT ON PORTFOLIO AND COLLECTIVE PROVISION

* BANK OF QUEENSLAND - "SET COMMON EQUITY TIER 1 CAPITAL TARGET RANGE TO BE BETWEEN 9.0% AND 9.5%"

* BANK OF QUEENSLAND LTD - "SET CAPITAL TARGET RANGE TO BE BETWEEN 11.75% AND 13.5%"

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