RBNZ relaxes capital requirements, allows preference shares, extends phase-in

The Reserve Bank has significantly relaxed its bank capital requirements by no longer insisting all the additional capital must be equity and by extending the phase-in period to seven years from the original five. The big four Australian-owned banks will still have to lift their tier 1 capital fr... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/rbnz-relaxes-capital-requirements-allows-preference-shares-extends-phase-in

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:

EBOS announces appointment of new Chief Financial Officer
AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills