RBNZ announces further delay of capital plans
Just noticed this announcement from the Reserve Bank of New Zealand, which decided to further delay the start of increases in bank capital until ... drumroll ... 2022. This to allow banks continued headroom to respond to the effects of the COVID-19 pandemic and to support the economic recovery.
The announcement includes an indicative timetable for the in…
Keep reading with a 7-day free trial
Subscribe to Capitalissues to keep reading this post and get 7 days of free access to the full post archives.