Term Lending Facility

RBNZ Governor says the decision to stop the banks paying dividends was to make sure $5 billion of Government money went to New Zealand businesses

RBNZ Governor says the decision to stop the banks paying dividends was to make sure $5 billion of Government money went to New Zealand businesses

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves

RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves