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WELLINGTON—New Zealand is almost doubling the amount of high-quality capital that banks are required to hold, aiming to limit the chance of a bank collapse to a one-in-200 year event.
(Bloomberg) -- New Zealand bankers have been quizzed by a parliamentary select committee on how much the Reserve Bank’s capital requirements have pushed up lending rates. The finance and ...
New Zealand is set to consider legislation that would require banks, insurers and asset managers to disclose the impacts of climate change on their businesses as the country tries to slash its ...
Christian Hawkesby has been appointed as Governor of the Reserve Bank of New Zealand (RBNZ) for a six-month term as the search for a permanent leader continues, Finance Minister Nicola Willis said ...
WELLINGTON (Reuters) - New Zealand's central bank painted a bleak economic picture on Tuesday, citing rising unemployment and delayed business investment plans due to financial hardships.
SYDNEY, June 20 (Reuters) - New Zealand said on Tuesday it would examine the profitability of the country's banks and investigate whether competition in the sector was working well for consumers.
More recently, non-bank mortgage lenders Bluestone Home Loans and Resimac have indicated they are exiting New Zealand. In February, India’s Bank of Baroda was looking to sell its local ...
New Zealand Finance Minister Nicola Willis wants the central bank to increase the frequency of its rate decisions, ending its ...
(Bloomberg) -- New Zealand’s competition regulator is investigating whether membership of the Net-Zero Banking Alliance, the global lending sector’s main climate group, is in breach of local ...
Investopedia / Yurle Villegas The Reserve Bank of New Zealand is that nation's central bank. What is the Reserve Bank of New Zealand? The Reserve Bank of New Zealand is the name of the central ...
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