Reserve Bank of New Zealand’s (RBNZ) take on the banking sector stress tests are crossing the wires via Reuters and LiveSquawk.
- The stress test result shows in pessimistic scenario banks can still continue to lend to support the economy.
- The stress test outcome reinforces the need for strong capital buffers to provide resilience against severe but unlikely events.
- Will consider over the coming months whether further delays to the implementation of banks’ capital adequacy framework are warranted.
