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The governing body of a non-bank deposit taker should be responsible for the solvency, capital adequacy and liquidity of the institution, according to the Reserve Bank of New Zealand. read more

A focus on banks' marginal funding costs, and not its average funding costs, proves that the floating mortgage rates can still go lower because the spreads are at historically high levels, the Reserve.. read more

Branches of foreign banks may get a variation to the minimum core funding ratio requirements announced by the Reserve Bank of New Zealand in its new liquidity policy. read more

Commonwealth Bank looks set to be the first Australian financial institution to exit from Fiji after a 20 per cent currency devaluation and some harsh lending regulations made business difficult in th.. read more

Falling New Zealand dollar and interest rates pushed Westpac's New Zealand branch total liabilities beyond the $15 billion limit during the six months ended March 2009. read more

The Reserve Bank of New Zealand has asked Westpac to review the structure of its operating model to ensure it can consistently comply with its prudential policies after it was found in 2008 that both.. read more

At a speech to a Wellington business audience yesterday, Reserve Bank of New Zealand governor Alan Bollard aired his disappointment, once again, at the pricing approach by banks. read more

Having realised that official interest rate cuts are no longer effective in bringing down lending rates, the Reserve Bank of New Zealand has turned to banks' rising interest rate margins which now nee.. read more

The efficacy of the Reserve Bank of New Zealand's monetary policy and its low official cash rate of 2.5 per cent is looking dubious, with the policy of maintaining a low cash rate failing both to drag.. read more