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New Zealand needs bank deposit insurance, submitters say

Open Bank Resolution is “unconscionable,” wouldn't work and will never be used, submitters argue

Jenny Ruth
Fri, 15 Jun 2018

Can you picture Giant XYZ Bank collapsing at any time past or future and the government of the day allowing the deposits of mums, dads and their kids to be used to help resolve that situation?

Most people would see that as unbelievable or politically acceptable for any New Zealand government and

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Jenny Ruth
Fri, 15 Jun 2018
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New Zealand needs bank deposit insurance, submitters say
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