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
Hot Topic
Hawke’s Bay
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
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, 13 Aug 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.
RBNZ wants retail banks to be part of solution, not problem
Politics,
84567