Kiwibank says new capital requirement rules still unfair
It has to apply standardised approach to capital, while the big banks use internal models.
The country's four big banks are now enthusiastic about the inquiry into banking competition.
When the inquiry into banking competition began, the four big banks bridled at the suggestion the sector was not competitive.
But now the ASB, ANZ, BNZ and Westpac are all congratulating Parliament’s Finance and Expenditure Select Committee on holding its inquiry.
ASB chief executive Vittoria
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