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Westpac Completes $15.4 Billion RAMS Mortgage Portfolio Sale
8:01am on Monday 3rd of August, 2026 AEST
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Westpac Completes $15.4 Billion RAMS Mortgage Portfolio Sale
8:01am on Monday 3rd of August, 2026 AEST
Key Points
RAMS mortgage portfolio sold for $15.4 billion
Sale increases Westpac's CET1 ratio by 23 basis points
Consortium includes Pepper Money, KKR, and PIMCO funds
Transaction reduces operational complexity
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