Reserve Bank says no risk to financial system from removing LVRs
Removal of LVR restrictions to be reviewed after a year.
Brent Edwards
Thu, 30 Apr 2020
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After just a nine-day consultation period the Reserve Bank is moving ahead with plans to remove loan-to-value ratio restrictions for the next 12 months.
In a statement the bank’s deputy governor Geoff Bascand said the decision was made to ensure the LVR restrictions did not have an undue
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Brent Edwards
Thu, 30 Apr 2020
Contact the Writer: brent@nbr.co.nz
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Reserve Bank says no risk to financial system from removing LVRs
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