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BRIEF-Fitch Says Australian Banks To Have No Problems Meeting Capital Proposals

Published 19/06/2019, 01:58 am
© Reuters.  BRIEF-Fitch Says Australian Banks To Have No Problems Meeting Capital Proposals

June 18 (Reuters) - Fitch:

* FITCH SAYS AUSTRALIAN BANKS TO HAVE NO PROBLEMS MEETING CAPITAL PROPOSALS

* FITCH SAYS APRA PROPOSALS ARE UNLIKELY TO AFFECT AUSTRALIAN BANKS' CREDIT PROFILES SIGNIFICANTLY IN SHORT TERM

* FITCH ON APRA PROPOSALS SAYS EXPECT AUSTRALIAN BANKS TO MAKE ONLY MODEST ADJUSTMENTS TO MIX OF THEIR LOAN PORTFOLIOS AS A RESULT OF NEW RISK WEIGHTS

* FITCH SAYS AUSTRALIA'S FOUR MAJOR BANKS ARE IN A COMFORTABLE POSITION TO MEET NEW CAPITAL FRAMEWORK

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