RBA’s Debelle calls for greater focus on banks’ asset quality

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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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