Fitch says Australian banks' capital positions strengthening & better than you think
17 June 2016, 07:29
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The latest on Asia-Pacific banks from Fitch Ratings
- Australian banks' capital positions have been strengthening
- The extent of improvement and the regulatory capital ratios themselves are understated relative to many international peers
- Due to a conservative implementation of the Basel capital framework
Reuters provide the summary of the Fitch findings
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Of course, anything positive from a ratings agency needs to
be viewed in the light of their shortcomings preceding, during and
after the GFC.
Of course, that caveat doesn't apply to any negative findings. Those are cool, right?
