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Commonwealth Bank of Australia Provides March Quarter 2019 Presentation

13 May 2019  |  08:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: CBA March Quarter 2019 Presentation

Commonwealth Bank of Australia provided March quarter 2019 presentation. The current RBNZ capital proposals would result in an additional Tier 1 capital requirement for ASB of NZ$3bn, assuming current balance sheet size and composition. Other program costs recognised in 3Q 2019 includes regulatory response costs including the implementation of Royal Commission recommendations. The total Aligned Advice remediation of $534m includes $374m in customer refunds (including $123m of interest).

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