Reuters logo
BRIEF-Moody's says Australian banks' balance sheets remain solid, but asset quality expected to come under gradual pressure
May 26, 2016 / 4:26 AM / a year ago

BRIEF-Moody's says Australian banks' balance sheets remain solid, but asset quality expected to come under gradual pressure

May 26 (Reuters) - Moodys’ On Australian Banks

* Australian banks’ balance sheets remain solid, but asset quality expected to come under gradual pressure

* Asset quality is expected to gradually weaken from potential further stress in resources-related sectors and regions

* Australian banks are increasingly well capitalized to absorb any adverse shocks, with majors having raised a little over aud19 billion of capital in 2015

* Liquidity has stabilized at a much higher level, following the implementation of the basel liquidity coverage ratio Source text for Eikon: )

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below