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RBNZ worries low interest rates undermine financial resilience

Insurance companies have low solvency buffers.

Brent Edwards Wed, 27 Nov 2019

The Reserve Bank has left its loan-to-value ratio restrictions unchanged, saying the financial system remains vulnerable.

In its latest financial stability report, the bank said more effort was required to strengthen the resilience of the financial system.

Bank governor Adrian Orr said

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RBNZ worries low interest rates undermine financial resilience
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