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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
2 mins to read

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

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
Politics,
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