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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Resilient financial system braced to support recovery

Reserve Bank calls on commercial banks to support households and businesses in new Covid world.

The Reserve Bank says the financial system is well-placed to support economic recovery despite uncertainty and risks posed by Covid and higher global interest rates and inflation.

In its six-monthly Financial Stability Report, the bank said ongoing challenges from Covid were affecting many

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Daniel Riordan Wed, 03 Nov 2021
Contact the Writer: daniel@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Resilient financial system braced to support recovery
General Business,
89496
true