Nov 3 (Reuters) - Westpac Banking Corp WBC.AX:
WESTPAC SELLS RAMS MORTGAGE PORTFOLIO
ENTERED INTO AN AGREEMENT TO SELL ITS A$21.4BN RAMS MORTGAGE PORTFOLIO
ENTERED INTO AN AGREEMENT TO SELL ITS $21.4BN RAMS MORTGAGE PORTFOLIO TO A CONSORTIUM WHICH INCLUDES PEPPER MONEY
FOLLOWING COMPLETION, WESTPAC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS ESTIMATED TO INCREASE BY C.20 BPS.
COMPLETION EXPECTED TO OCCUR IN 2H26
FOLLOWING COMPLETION, WESTPAC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS ESTIMATED TO INCREASE BY C.20 BPS
ALL FIGURES IN AUD
Further company coverage: WBC.AX
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