RBNZ sweetens bank deal for govt's Business Growth Fund
Regulator eases capital requirement for bank investment in SME equity.
The RBNZ issued a consultation paper on the proposal last September.
The Reserve Bank has decided to incentivise commercial bank involvement in the Government’s planned Business Growth Fund by reducing the equity backing normally required for risky investments.
The BGF was announced in last year’s Budget as a scheme to boost bank investment in small and medium
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