Reserve Bank stress tests New Zealand's banks

Author
Newstalk ZB,
Publish Date
Fri, 18 Sep 2020, 3:49PM

Reserve Bank stress tests New Zealand's banks

Author
Newstalk ZB,
Publish Date
Fri, 18 Sep 2020, 3:49PM

Resilient but not invincible.

That's the analysis that's come from the Reserve Bank's stress tests of our major banks.

The stress tests found that if we had a banking crisis were to occur on top of our economic crisis, our ability to recover would be "seriously compromised" and would require significant capital injections.

Associate professor at the Massey University Business School Claire Matthews joined Mike Hosking to explain.

LISTEN ABOVE

;