New Zealand banking leaders urged lawmakers to consider whether the Reserve Bank’s capital requirements are too onerous.

New Zealand has opened an investigation to determine if commitments by lenders under the Net-Zero Banking Alliance could ...

The Reserve Bank of New Zealand (RBNZ) lowered the Official Cash Rate (OCR) by 50 basis points (bps) from 4.75% to 4.25%, following the conclusion of the November policy meeting on Wednesday.

New Zealand’s capital requirements are meant to ensure banks survive a 1-in-200-year event. The next Reserve Bank governor ...