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BRIEF-Westpac Banking says qtrly Australian mortgage delinquencies increased 2bps to 0.69 pct
August 20, 2017 / 10:14 PM / a month ago

BRIEF-Westpac Banking says qtrly Australian mortgage delinquencies increased 2bps to 0.69 pct

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 delinquencies increased 12bps to 1.75% mostly due to APRA hardship reporting changes Source text for Eikon: Further company coverage:

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