Reserve Bank says some bank decisions are impaired by the pursuit of profits
Life insurance premiums are "particularly high."
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Hawke’s Bay
Banks' pursuit of short-term profits impairs their lending decisions, the Reserve Bank says
The central bank is also highlighting the “particularly high” level of life insurance commissions that inevitably flow through to higher premiums.
It says the banking sector is broadly efficient but
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Jenny Ruth
Wed, 30 May 2018
Wed, 30 May 2018
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Reserve Bank says some bank decisions are impaired by the pursuit of profits
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