Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Westpac Banking Corporation Provides 3Q 2021 Capital, Funding and Credit Quality Update

17 Aug 2021  |  07:40:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: WBC 3Q21 Capital, Funding & Asset Quality Update

Westpac Banking Corporation provided capital, funding and credit quality update for the 3 months ended 30 June 2021. It reported CET1 ratio of 12.0% compared to 12.3% at March 2021, lower from dividend payment and higher RWA. Deposit to loan ratio is 80.2%, compared to 79.8% at March 2021. Forum Finance alleged fraud included as an IAP in 3Q 2021. It announced sales of Motor Vehicle Finance, NZ Life insurance and Australian Life business.

Please click here for full details

See more ASX300 News Announcements