Banks are flush and part of post-Covid solution, says RBNZ
Geoff Bascand says more certainty will give banks confidence to lend that cash out.
Brent Edwards
Thu, 28 May 2020
In the middle of the economic crisis caused by the Covid-19 pandemic, banks are flush with cash.
While financial institutions were the cause of the global financial crisis, this time around they are seen as part of the solution.
In its May Financial stability report, released yesterday, the
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Brent Edwards
Thu, 28 May 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Banks are flush and part of post-Covid solution, says RBNZ
Politics,
83771