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

Published 14/02/2018, 11:00 am
© Reuters.  BRIEF-National Australia Bank Responds To APRA Paper On Capital Framework
NAB
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Feb 14 (Reuters) - National Australia Bank Ltd NAB.AX :

* 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

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