Aug 21 (Reuters) - Westpac Banking Corp ::During quarter, reduction in impaired assets contributed to stressed assets to TCE falling 4BPS to 1.10%.Qtrly Australian mortgage delinquencies increased 2bps to 0.69%, mostly from increased hardship associated with Cyclone Debbie.Qtrly Australian unsecured...
Aug 21 (Reuters) - Westpac Banking Corp ::Westpac's common equity tier 1 (CET1) capital ratio was 10% at 30 June 2017..Total risk weighted assets (RWA) increased $2.2 billion or 0.5% this quarter.Over quarter, exposure at default (EAD) increased $20.0 billion.
Aug 20 (Reuters) - SAUDI BRITISH BANK :ANNOUNCES ITS ENTRY INTO SHARE PURCHASE AGREEMENT WITH HSBC TO BUY ENTIRETY OF HSBC 32.5 PERCENT STAKE IN SABB TAKAFUL.TO BUY HSBC COMBINED 32.5 PERCENT SHAREHOLDING IN SABB TAKAFUL AT 10.66 RIYAL PER SHARE TOTALING 118 MILLION RIYALS.COMPLETION OF TRANSACTION...
Aug 18 (Reuters) - ABSA BANK LTD::CO, A SUBSIDIARY OF BARCLAYS AFRICA GROUP, AND CHINA DEVELOPMENT BANK CONCLUDE A $100 MILLION AGREEMENT.INITIAL DRAWDOWN BASED ON CO'S CURRENT FUNDING NEEDS AND MAY BE INCREASED IN FUTURE TO ASSIST WITH NEW FUNDING OPPORTUNITIES WITHIN BAGL'S OPERATIONS.
Expansion & New Markets
No related earnings announcements are currently scheduled within the next 7 days.