News

Changes in finance sector accelerating

Thursday 24th of May 2007
"New Zealand finance companies are proactively addressing a range of issues affecting their financial strength profiles.

In the long term, change within the industry should strengthen credit quality overall, although the short- to medium-term impacts are less certain," Standard & Poor's director Gavin Gunning says.

"The main impetus for change appears to be companies seeking to better posi...

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