APRA releases quarterly authorised deposit-taking institution statistics for March 2024

Jun 11th '24

The Australian Prudential Regulation Authority (APRA) has released the Quarterly Authorised Deposit-taking Institution (ADI) Performance and the Quarterly ADI Property Exposures publications for the quarter ending 31 March 2024.


ADIs are well-capitalised and well-positioned to navigate through potential economic challenges on the horizon. Capital ratios reached a new high, despite narrowing margins and slowing profit growth. Profit levels remained in line with levels seen over the past decade. Liquidity and funding levels remained well above minimum requirements. ADIs’ liquidity positions remained strong in the lead up to the final repayments of the Term Funding Facility in the June 2024 quarter. Non-performing loans increased, but potential credit losses are mitigated by high levels of well-secured loans.


Residential mortgage credit growth moderated, but remains above pre-pandemic levels, despite higher interest rates and pressure on ADIs’ lending margins.


Read more, here.


Source: © Australian Prudential Regulation Authority 2024


About the APRA

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.