RBNZ hasn’t done cost-benefit analysis of bank capital proposals

Mon, 08 Apr 2019

By Jenny Ruth April 8 (BusinessDesk) - The Reserve Bank proposal to almost double the amount of capital the big four banks have to hold was made without undertaking a cost-benefit assessment of the change. “This paper does not provide a cost-benefit assessment of the proposal to increase bank capital but has been prepared in order to provide further information to those who wish to provide feedback during the consultation process which ends on May 3,” the bank says in a background paper released last week. “The Reserve Bank will carry...

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