✨ Banking Regulations
NEW ZEALAND GAZETTE, No. 88
24 JUNE 2011
(2) The following information as at the off-quarter balance date:
Risk weighted exposures
Calculation of balance sheet exposures
| Amount | Risk weight | Risk weighted exposure | |
|---|---|---|---|
| Cash and short term claims on | |||
| Government | 0% | ||
| Long term claims on | |||
| Government | 10% | ||
| Claims on banks | 20% | ||
| Claims on public sector entities | 20% | ||
| Residential mortgages | 50% | ||
| Other | 100% | ||
| Total assets |
Calculation of off-balance sheet exposures
| Amount | Credit conversion factor | Credit equivalent amount | Average counterparty risk weight | Risk weighted exposure | |
|---|---|---|---|---|---|
| Direct credit substitutes | 100% | ||||
| Asset sales with recourse | 100% | ||||
| Commitments with certain drawdown | 100% | ||||
| Underwriting and sub-underwriting facilities | 50% | ||||
| Transaction related contingent items | 50% | ||||
| Short term, self liquidating trade related | |||||
| contingencies | 20% | ||||
| Other commitments to provide financial services | |||||
| which have an original maturity of 1 year or more | 50% | ||||
| Other commitments with an original maturity of | |||||
| less than 1 year or which can be unconditionally | |||||
| cancelled at any time | 0% | ||||
| Market related contracts(2) | |||||
| (a) foreign exchange contracts | N/A | ||||
| (b) interest rate contracts | N/A | ||||
| (c) other | |||||
| Total off-balance sheet exposures | |||||
| Risk weighted exposures |
3 Capital ratios
(1) The information in subclause (2) derived in accordance with either the conditions of registration relating to capital adequacy or the Capital Adequacy Framework (Basel I Approach) (BS2) (as applicable).
(2) The following information in respect of the banking group as at the off-quarter balance date:
(a) tier one capital ratio; and
(b) total capital ratio.
(2) Specify whether the current exposure or original exposure method was used to calculate the credit equivalent amount on these contracts.
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✨ LLM interpretation of page content
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Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2011
(continued from previous page)
💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Credit risk, Asset quality, Financial statements, Capital adequacy, Basel I approach
NZ Gazette 2011, No 88