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RBNZ confirms bank capital changes

Banks will have seven years to make transition.

Tim Hunter Thu, 05 Dec 2019

Changes to bank capital requirements announced today will be a net benefit to the economy, the Reserve Bank has said, although their effect could add 0.205 percentage points to borrowing rates.

The RBNZ’s decision announced this morning will require banks to increase their equity capital

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Tim Hunter Thu, 05 Dec 2019
Contact the Writer: thunter@nbr.co.nz
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RBNZ confirms bank capital changes
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