TMM - News

Lending criteria to ease, rates to rise

Thursday 22nd of February 2018

The agency has released its latest report on the outlook for New Zealand’s banking sector and it predicts a year of consolidation following an easing of housing related risks.

A marked slowdown in the housing market has led to a more recent slowdown in credit growth and that means the risks posed to the bank sector by housing are likely to have peaked.

As an example of slower cred...

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