Reserve Bank of NZ Financial Stability Report:
Risks to the financial system have increased over the past six monthsWhile global economic environment has become more volatile, our financial institutions are in a strong position to support the economyBanks have strong capital and liquidity buffers in place to maintain credit flows even if conditions deteriorate furtherBanks also remain profitable, with non-performing loans expected to decline as mortgage rates reprice lowerGeneral insurers are experiencing more stable conditionsRecent insurance stress test highlighted improved resilience in the sectorGeopolitical risks have heightened financial market volatility and pose a material risk to global economic activityNZD/USD update, down a few tics after its rally on Tuesday:
Read More Details
Finally We wish PressBee provided you with enough information of ( RBNZ says risks to the financial system have increased over the past six months )
Also on site :
- Rodney Hinton Jr., whose 18-year-old son was shot dead by police, denied bond in killing of sheriff’s deputy
- GTA 6 release date, trailer and latest news
- Lebanon government works to regain donor trust, secure reconstruction funds