RBA’s Debelle calls for greater focus on banks’ asset quality
Guy Debelle, an assistant governor at the Reserve Bank of Australia, on Tuesday said the quality of assets held at banks should be given a far larger weight than liabilities in assessing their financial strength.
At a conference on Systemic Risk, Basel III, Financial Stability and Regulation in Sydney, Australia, Debelle said that while the financial crisis had brought into sharp relief the liabilities side of a financial institution's balance sheet, or funding structure, it was the quality of
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