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New Zealand Bank Executives Call for Scrutiny of RBNZ Capital Regulations

New Zealand Bank Executives Call for Scrutiny of RBNZ Capital Regulations
2 months ago

In a significant move that could reshape the financial landscape in New Zealand, leaders of the nation’s major banks are pressing for a thorough examination of the capital rules imposed by the Reserve Bank of New Zealand (RBNZ). These regulations, initially designed to bolster the financial stability of the banking sector, are now under scrutiny by industry executives who argue they may be too stringent and could hinder economic growth.

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