Westpac is one of Australia's 'big four' banks, update for the past quarter
- Level of stressed assets fell in the three months to December 31, stressed exposures as a percentage of total loans fell by 5 basis points to 1.15%
- Bad debt charges remained steady with the quarter that ended September 30 & were lower than the same time a year ago
- Mortgage delinquencies were unchanged overall (rise in Western Australia)
via Reuters
