That is, we will be comfortable with proposed capital distributions only when we are convinced they are consistent with a bank holding company  1  Basel Committee on Banking Supervision (2011), Progress Report on Basel III Implementation (Bank for International Settlements: Basel, Switzerland, October).
However, the difference between Australian banks and their overseas peers is sometimes exaggerated by inconsistencies in the data across countries. Table 1 contains some data the Reserve Bank has put together on deposit funding for the major banks in Australia, Canada, Germany, Japan, the United Kingdom and the United States.