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11.12.2014 22:02:00
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Westpac Banking Corporation -- Moody's: Australian banks' asset quality at cyclical high; capital levels provide good coverage against potential losses and may improve further on FSI recommendations
Sydney, December 12, 2014 -- Moody's Investors Service says that Australian bank asset quality metrics are at a cyclical high, aided by a low interest rate environment and broadly supportive economic conditions. As for the banks' capital profiles, Moody's says their capital levels provide good coverage against unexpected potential losses.
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