Orr says Reserve Bank is looking for a 'sweet spot' for bank capital

Fri, 30 Nov 2018

By Jenny Ruth Nov. 30 (BusinessDesk) - Reserve Bank governor Adrian Orr says the central bank thinks there’s a sweet spot in which it can require banks to hold more capital “with no trade-off to efficiency.” Orr has already warned banks a number of times that the central bank’s current review of bank capital requirements is going to require them to hold more capital. The Reserve Bank plans to release its final consultation paper on the matter in mid-December. Orr told a Business NZ forum in Auckland that central bank officials “expe...

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