RBNZ sees tighter capital adequacy standards for banks in coming years
11th Nov 09, 9:13am
by
The Reserve Bank has signaled to banks it expects tighter rules on capital adequacy in coming years as it watches moves afoot overseas to force banks to put aside more capital to cope with future recessions and bad debts. "We also expect that international policy reforms through the Basel Committee will see a tightening of bank capital adequacy standards over the next year or two," Deputy Governor Grant Spencer said.
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