Dec 5 (Reuters) - Commonwealth Bank of Australia CBA.AX :
* NOTES RELEASE BY RESERVE BANK OF NEW ZEALAND (RBNZ) ON FINAL CAPITAL REQUIREMENTS APPLICABLE TO BANKS IN NEW ZEALAND
* CBA'S LEVEL 2 CET1 RATIO AS AT 30 SEPTEMBER 2019 WAS 10.6% AND WILL NOT BE AFFECTED BY REQUIREMENTS
* CBA IS WELL PLACED TO MEET CHANGES
* WILL CONSIDER WAYS TO MINIMISE FINANCIAL IMPACT FROM REQUIREMENTS
* NOTING THAT A SIGNIFICANT INCREASE IN CAPITAL ULTIMATELY INCREASES COST OF PROVIDING LOANS TO CUSTOMERS
* ASB WILL REQUIRE AN ADDITIONAL NZ$3BN IN TIER 1 CAPITAL BY 1 JULY 2027
* AS AT 30 SEPTEMBER 2019, CBA'S LEVEL 1 CET1 RATIO WAS 11.0%
* "WELL PLACED TO MEET CHANGES"
* EQUITY INJECTION OF ADDITIONAL CAPITAL INTO ASB OVER TRANSITION PERIOD WOULD RESULT IN A REDUCTION IN CBA'S LEVEL 1 CET1 RATIO OF ABOUT 30BPS