RBNZ confirms bank capital changes
Banks will have seven years to make transition.
Tim Hunter
Thu, 05 Dec 2019
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NBR Focus: The Accountants 2024
Changes to bank capital requirements announced today will be a net benefit to the economy, the Reserve Bank has said, although their effect could add 0.205 percentage points to borrowing rates.
The RBNZ’s decision announced this morning will require banks to increase their equity capital
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Tim Hunter
Thu, 05 Dec 2019
Contact the Writer: thunter@nbr.co.nz
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RBNZ confirms bank capital changes
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