Lubberink says RBNZ bank capital proposals won't be a panacea

Tue, 04 Jun 2019

By Jenny Ruth June 5 (BusinessDesk) - The Reserve Bank's bank capital proposals focus on the wrong things, are based on cherry-picking international research and won’t necessarily calm investors and depositors when banks come under stress, according to Martien Lubberink, associate professor of accounting and commercial law at Victoria University. In a submission on the central bank's proposals to require higher capital ratios for New Zealand's largest banks, Lubberink says many of the RBNZ’s concerns about the use of hybrid securities, wh...

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