A ‘modest win’ for the banks
Response to capital changes on lending rates will be carefully monitored, says RBNZ
Tim Hunter
Fri, 06 Dec 2019
Competition will ensure the impact on borrowers of new capital requirements will be minimal, says the Reserve Bank, but the bank’s reactions will be monitored “very carefully.”
All four Australian-owned banks have issued statements accepting the changes, although some warned there would be
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Tim Hunter
Fri, 06 Dec 2019
Contact the Writer: thunter@nbr.co.nz
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A ‘modest win’ for the banks
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