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APRA Update: Basel II Implementation In Australia

Bernie Egan
14 Sep 2004

The Australian Financial Review’s 5th Annual BankTech Conference,
14 September 2004
Banks and other deposit-taking institutions use capital as a buffer against risk, to absorb unexpected losses. Thus capital provides a cushion to ensure banks’ safety and soundness, but it also provides a foundation for future growth and a benchmark by which the financial condition of banks can be measured.