RBNZ slugs big banks with $NZ20b capital

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RBNZ said it expects the interest rates charged to New Zealand borrowers to rise by an average of 20.5 basis points, as banks compensate themselves for higher cost of the equity capital. The big four Australian banks lend almost $9 in every $10 in New Zealand…

RBNZ slugs big banks with $NZ20b capital
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RBNZ said it expects the interest rates charged to New Zealand borrowers to rise by an average of 20.5 basis points, as banks compensate themselves for higher cost of the equity capital. The big four Australian banks lend almost $9 in every $10 in New Zealand…
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