Tag: credit_quality

Westpac Flags $41m RAMS Litigation Hit and Revises Credit Quality Reporting Ahead of FY26 Results

20 Oct 2026 8:31 a.m. · Source: NZX.com

Westpac books a $41 million pre-tax notable item for RAMS litigation in 2H26 and revises stressed exposure categories, with FY26 results due 2 November 2026.

Business Banking Financial Markets Legal Australia Westpac RAMS litigation credit quality stressed exposures Full Year 2026 results NZX announcement mortgage delinquencies