Skip to main content

APRA releases new 'unquestionably strong' capital benchmarks

19 July 2017 |Announcements

The Australian Prudential Regulation Authority (APRA) has today released an Information Paper which outlines APRA’s assessment of the additional capital required for the Australian banking sector to have capital ratios that are considered 'unquestionably strong'.  The Information Paper provides details of the quantum and timing of capital increases that will be required for Australian ADIs to achieve unquestionably strong capital ratios.

For Bendigo and Adelaide Bank Limited (BEN) and other standardised ADIs, APRA has concluded that an increase to the minimum CET1 capital requirements of approximately 50 basis points would be required to produce capital standards for standardised ADIs that are consistent with the concept of 'unquestionably strong'.  APRA’s expectation is for ADIs to meet these new capital benchmarks by no later than 2020.

Subject to further details yet to be released by APRA, Bendigo and Adelaide Bank confirms that it is well positioned to meet these new capital requirements in the ordinary course of business before the 2020 timeline.

Related Topics

Connect with us

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2022 Bendigo and Adelaide Bank