BOQ reclassifies home loan data
Bank of Queensland (BOQ) has announced it has reclassified certain home loan data previously provided as part of its regulatory obligations.
“As such, a number of loans that were previously classified as ‘loans to non-financial corporations’ and ‘loans to households: other’ have been reclassified as ‘loans to households: housing – owner-occupied’ or ‘loans to households: housing – investment’ under BOQ’s regulatory reporting methodology,” the bank said in a statement to the ASX.
“These loans have been restated in BOQ’s June 2015 and July 2015 regulatory reporting. The reclassification will be carried forward in regulatory reporting from August 2015 onwards.”