Grant Spencer: NZ isn't over-reacting to the GFC
Banks had been deciding how risky their lending was and how much capital they needed.
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Hawke’s Bay
Reserve Bank Deputy Governor Grant Spencer dismisses suggestions that the country is in danger of over-reacting to the problems caused by the global financial crisis.
The central bank is about to begin a review of bank capital requirements and, although Mr Spencer says he doesn’t want to
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Jenny Ruth
Wed, 08 Mar 2017
Wed, 08 Mar 2017
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Grant Spencer: NZ isn't over-reacting to the GFC
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