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BRIEF-ANZ Banking says new mortgage capital model expected to decrease level 2 CET-1 ratio by 26 basis points
May 31, 2017 / 11:04 PM / 6 months ago

BRIEF-ANZ Banking says new mortgage capital model expected to decrease level 2 CET-1 ratio by 26 basis points

June 1 (Reuters) - Australia And New Zealand Banking Group Ltd

* APRA has completed its review of ANZ’s mortgage capital model and approved new model for Australian residential mortgages

* Adoption of new model is expected to decrease ANZ’s level 2 common equity tier-1 ratio by 26 basis points

* Impact is consistent with ANZ’s 2017 capital management plan and no additional capital management actions are required Source text for Eikon: Further company coverage:

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