Financial Performance and Remediation Update
GROUP BASEL III CAPITAL RATIOS
22.25%
19.07%
17.97%
17.01%
15.80%
23.98%
20.05%
17.95%
25.54%
18.91%
17.90%
16.62%
13.20%
14.01%
14.64%
11.47%
12.37%
13.00%
Sep 20
Mar 21
Sep 21
APRA Common Equity Tier 1 ratios
APRA to Internationally Comparable CET1 Ratio Reconciliation
APRA Tier 1 ratios
■APRA Total Capital ratios
Equivalent Internationally Comparable ratios¹
CET1
Group CET1 ratio under APRA
APRA's Basel capital adequacy standards require a 100% deduction from common equity for deferred tax assets, investments in non-consolidated subsidiaries and
equity investments. Under Basel Committee on Banking Supervision (BCBS) such items are concessionally risk weighted if they fall below prescribed thresholds
Mortgages - reduction in loss given default floor from 20% to 15% and adjustment for correlation factor
Interest rate risk in the banking book (IRRBB) - removal of IRRBB risk weighted assets from Pillar 1 capital requirements
Other adjustments including corporate lending adjustments and treatment of specialised lending
Group Internationally Comparable CET1
(1) Internationally Comparable CET1 ratios align with the APRA study entitled "International capital comparison study" released on 13 July 2015
88
13.00%
+68bps
+194bps
+49bps
+184bps
17.95%
National
Australia
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