RBNZ wants retail banks to be part of solution, not problem
Adrian Orr says he does not want banks’ ‘nervousness’ to lead to a credit crunch.
Brent Edwards
Thu, 13 Aug 2020
Reserve Bank governor Adrian Orr is again urging retail banks to lend to businesses, saying he wants them to be part of the solution to the Covid-19 downturn.
In April, Orr told Parliament’s Epidemic Response Committee banks should be courageous and continue lending.
Today he said the
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Brent Edwards
Thu, 13 Aug 2020
Contact the Writer: brent@nbr.co.nz
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RBNZ wants retail banks to be part of solution, not problem
Politics,
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