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

The cost of RBNZ plan: 0.8-1.2% on mortgages, analyst says

Australian analyst says Reserve Bank plan will increase bank capital ratios to the highest in world.

The Reserve Bank’s plan to sharply increase banks’ minimum capital requirements will lift them to the highest in the developed world, says UBS analyst Jonathan Mott.

On December 14 the central bank published a consultation paper on bank capital recommending minimum tier one capital be raised

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Fiona Rotherham Thu, 17 Jan 2019
Contact the Writer: fiona@nbr.co.nz
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The cost of RBNZ plan: 0.8-1.2% on mortgages, analyst says
General Business,
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