ANZ proposes third capital option to lower lending costs in RBNZ review

A third option emerges. (Image: Getty)

Mon, 13 Oct 2025

ANZ is proposing a third capital-stack solution over the pair tabled in the Reserve Bank of NZ’s capital review, saying it will boost lending and align with Australian requirements.So far, the individual views of the nation’s biggest banks have been elusive in coverage of the Reserve Bank of NZ’s (RBNZ) capital settings review.The so-called Option 3 proposed by ANZ was for a total capital ratio of 18.25%, compared to the RBNZ’s Options 1 and 2, at 17% and 21%, respectively.ANZ said its Option 3 could be “achieved q...

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