Global Banking News - 07 March 2017
The New Zealand central bank said that it is to review commercial banks' capital requirements.
According to Reuters, the Reserve Bank of New Zealand (RBNZ) could be planning to increase bank capital requirements in order to ensure the integrity of the banking system.
Grant Spencer, a deputy governor at the bank had earlier said that higher levels of capital would improve the soundness of the financial system. He however added that such a capi
RelSci News & Alerts gets you: