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S&P sees housing-related risk to banking system peaking in 2018

The rating agency sees credit growth steadying and house prices consolidating at current levels. 

Nevil Gibson
Tue, 20 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The worst of the risks to the banking system from an overheated housing market is likely to recede this year, a credit rating agency says.

S&P Global Ratings' report, New Zealand 2018 Banking Outlook: A Year of Consolidation for Housing Risks, says housing-related economic imbalances appear set

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Nevil Gibson
Tue, 20 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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S&P sees housing-related risk to banking system peaking in 2018
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