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The Finance Minister says the central bank should have been more transparent about the reasons for the governor's sudden departure.
Former New Zealand central bank governor Adrian Orr's surprise resignation in March was due to his disagreements with the ...
The decision was in line with a Reuters poll where all but one of the 30 economists surveyed forecast the Reserve Bank of New Zealand would cut the cash rate for the sixth successive meeting. The ...
WELLINGTON (Reuters) -New Zealand's central bank said on Wednesday that risks to the financial system have increased over the past six months due to a more volatile global economic environment ...
WELLINGTON (Reuters) -New Zealand's central bank said on Monday it would review bank capital requirements this year following criticism of the regime for being too stringent and reducing ...
(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 ...
New Zealand’s competition regulator is investigating ... including commitments required by the NZBA, on the nation’s banks, the agency said Thursday in a statement.
(Bloomberg) -- New Zealand Finance Minister Nicola Willis said she is taking advice on how to compel the central bank to loosen bank capital rules. Her comments, first reported by the New Zealand ...
(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 ...
SYDNEY (Reuters) -- Reserve Bank of New Zealand Governor Adrian Orr has resigned in a surprise move, with his role finishing on March 31, three years before his current term ends, New Zealand's ...
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 ...
Chief Executive Warren Hu says the bank has made a significant impact in New Zealand, not only by growing its market share but also by financing major infrastructure projects. Established in 2014 ...
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