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Reserve Bank answers its critics over new bank capital requirements

Will banks face a level playing field?

Brent Edwards Fri, 22 Feb 2019

The Reserve Bank has dismissed arguments from the country’s big four retail banks that forcing them to increase their equity capital will have a negative impact on the economy.

The bank’s deputy governor Geoff Bascand says the economic impact would be negligible.

In fact, the RBNZ

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Brent Edwards Fri, 22 Feb 2019
Contact the Writer: brent@nbr.co.nz
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Reserve Bank answers its critics over new bank capital requirements
General Business,
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