Kiwibank pushes back on RBNZ’s proposed new risk weightings

Kiwibank pushes back on RBNZ’s proposed new risk weightings
Kiwibank says risk weighting should reflect actual risks faced. (Image: Kiwibank)
Andy Macdonald
Growth-hungry Kiwibank says regulator plans to weave more granularity into risk-weighted asset settings are insufficient, as the deposit taker presses for greater international alignment.It said standardised risk weights (SRW) for New Zealand banks shouldn’t be more conservative than those in Basel III, an internationally recognised benchmark, unless justifiable.Kiwibank’s comments came amid Reserve Bank of New Zealand’s (RBNZ) 2025 capital review, which has drawn diverse views across a range of subject matter. It has bee...

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