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

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