Westpac Banking Corp. - S&P Global Ratings’ Credit Research

Westpac Banking Corp.

Westpac Banking Corp. - S&P Global Ratings’ Credit Research
Westpac Banking Corp.
Published Dec 22, 2015
14 pages (5995 words) — Published Dec 22, 2015
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Potential recipient of extraordinary government support in the unlikely event it were required Dominant market position in the relatively low-risk Australian and New Zealand retail and commercial banking sectors Capital position at the upper end of our adequate assessment post-capital initiatives Stable, repeatable, good-quality earnings by international standards Reliant on domestic and offshore wholesale funding The stable outlook reflects our opinion that our ratings on Westpac are likely to remain unchanged over the short to medium term. To maintain the stable outlook, we expect that: There is a high likelihood of extraordinary government support for Westpac from the Australian government, in the unlikely event that it were required; The bank's risk-adjusted capital ratios will remain consistent with our view that

  
Brief Excerpt:

...Dominant market position in the relatively low-risk Australian and New Zealand retail and commercial banking sectors...

  
Report Type:

Full Report

Ticker
WBC@AU
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Westpac Banking Corp." Dec 22, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Westpac-Banking-Corp-1555378>
  
APA:
S&P Global Ratings’ Credit Research. (). Westpac Banking Corp. Dec 22, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Westpac-Banking-Corp-1555378>
  
US$ 500.00
$  £  €
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