RBNZ steps up BNZ supervision after capital calculation breaches

The Reserve Bank says it has stepped up its supervisory monitoring of Bank of New Zealand after identifying weaknesses in the bank's capital calculation processes. RBNZ says it's also applying "precautionary adjustments" to BNZ's capital requirements, increasing the risk weight floor on its opera... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/rbnz-steps-up-bnz-supervision-after-capital-calculation-breaches

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

MEL - Dividend reinvestment plan strike price
MKR - High Grade Gold Drill Intersections from Pipeline Ridge
KMD - ASM Date and Closing Date for Director Nominations
PCT - Sale of PwC Tower now unconditional
GEN - General Capital (GEN:NZ) Subsidiary General Finance Update
BRW - Bremworth Director Resignations
September 10th Morning Report
PLP - Appointment of new director
BIF - appointment of new director
ERD - Ongoing Disclosure Notice - Directors Fixed Trading Plan