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Bulletin: ?AA-/A-1+? Ratings On ANZ Unchanged Following Quarter 3 Trading Update

Published Aug 17, 2012

1067 words — Published Aug 17, 2012

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Abstract:

MELBOURNE (Standard&Poor's) Aug. 17, 2012— Standard&Poor's Ratings Services said today that its 'AA-/A-1+' issuer credit ratings on Australia and New Zealand Banking Group Ltd. (ANZ) are unchanged following ANZ's 2012 Quarter 3 Trading Update. Our outlook on ANZ is stable. Standard&Poor's believes that ANZ's performance for its fiscal year to June 30, 2012, was in-line with rating expectations considering ANZ's strong 'AA-' credit profile, by domestic and international standards. We continue to view ANZ's credit rating as being supported by the bank's "strong" business position; "adequate" risk position and capitalization and earnings; "average" funding; and high systemic importance to the Australian banking sector. Our outlook for ANZ is stable. Our most likely forward scenario

Brief Excerpt:

RESEARCH Bulletin: aÇÿ##-/A-1+aÇÖ Ratings On ANZ Unchanged Following Quarter 3 Trading Update Publication date: 17-Aug-2012 Primary Credit Analyst: Gavin J Gunning, Melbourne (61) 3-9631-2092; gavin_gunning@standardandpoors.com MELBOURNE...

Report Type:

Bulletin

Ticker

ANZ@AU

Issuer

Australia and New Zealand Banking Group Ltd.

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Structured Finance

Country

Australia

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Bulletin: ?AA-/A-1+? Ratings On ANZ Unchanged Following Quarter 3 Trading Update" Aug 17, 2012. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-AA-A-1-Ratings-On-ANZ-Unchanged-Following-Quarter-3-Trading-Update-1001970>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: ?AA-/A-1+? Ratings On ANZ Unchanged Following Quarter 3 Trading Update Aug 17, 2012. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-AA-A-1-Ratings-On-ANZ-Unchanged-Following-Quarter-3-Trading-Update-1001970>

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