TMM - News
Financial sector feedback wanted on climate related guidance

Thursday 30th of March 2023
Nearly a quarter of banks’ residential mortgages in Auckland are at risk in a one-in-100-year rainfall flood event, data from the bank shows.
RBNZ deputy governor Christian Hawkesby says despite banks’ flood exposure, their capital ratios are resilient to the most severe flood sensitivities.
However, climate-related risks continue to evolve, with the potential to sig...
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