Mortgage News

Tripe: Banks exposed

Tuesday 29th of January 2013

He said: “New Zealand banks are indeed vulnerable to shocks, but they have taken some action to protect themselves against these. In most cases, they have capital well in excess of the required minimum, set by the Reserve Bank, and inclined to be conservative than what is specified internationally.”

An IMF report earlier this month suggested capital requirements for major lenders sh...

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