Reserve Bank - Latest News [Page 28]
OCR unchanged at 2.5 percent
Thursday, 28 April 2011, 9:14 am | Reserve Bank
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. More >>
Disclosure requirements for non-bank deposit takers
Thursday, 21 April 2011, 2:13 pm | Reserve Bank
Discussion document on disclosure requirements for non-bank deposit takers released The Reserve Bank, in conjunction with the Ministry of Economic Development, today released a discussion document on proposed disclosure requirements for the non-bank ... More >>
RBNZ, People’s Bank of China Announce Currency Swap Facility
Monday, 18 April 2011, 5:17 pm | Reserve Bank
The People’s Bank of China and the Reserve Bank of NZ today announced the establishment of a reciprocal currency arrangement to support the settlement in Chinese Renminbi of trade transactions between NZ and Chinese businesses. More >>
Export prices deliver benefits to economy
Tuesday, 12 April 2011, 10:03 am | Reserve Bank
New Zealand's agricultural export prices are likely to remain strong for some time, delivering benefits to the New Zealand economy, Reserve Bank Governor Alan Bollard said in a speech. More >>
New bank registered
Thursday, 31 March 2011, 3:22 pm | Reserve Bank
The Reserve Bank of New Zealand today announced that BOI (New Zealand) Limited has been registered as a bank in New Zealand. More >>
Reserve Bank Bulletin released
Thursday, 31 March 2011, 11:13 am | Reserve Bank
The Reserve Bank today released the March 2011 issue of the Reserve Bank of New Zealand Bulletin ( http://www.rbnz.govt.nz/research/bulletin/ ). This first issue of the year explores the kind of economic and financial challenges New Zealand has faced ... More >>
Anti-money laundering risk assessment requirements
Tuesday, 29 March 2011, 1:00 pm | Reserve Bank
The Reserve Bank today released its Sector Risk Assessment to help registered banks, non-bank deposit taking institutions and life insurers prepare to meet upcoming requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 More >>
Macro-prudential tools may bolster financial system
Friday, 25 March 2011, 12:49 pm | Reserve Bank
Macro-prudential instruments may help bolster financial system resilience and possibly moderate credit cycles, but expectations need to be realistic about what can be achieved, Reserve Bank Governor Alan Bollard told a conference on Basel 3 in Sydney today . More >>
Pre-positioning for Open Bank Resolution
Monday, 14 March 2011, 3:17 pm | Reserve Bank
Pre-positioning for Open Bank Resolution The Reserve Bank today released a consultation paper on the pre-positioning requirements that banks will be expected to comply with to fully implement the Open Bank Resolution (OBR) policy, as referred to by the Minister ... More >>
OCR reduced to 2.5 percent
Thursday, 10 March 2011, 9:17 am | Reserve Bank
The Reserve Bank today reduced the Official Cash Rate (OCR) by 50 basis points to 2.5 percent. More >>
RBNZ Webcast - Live From 9am Monetary Policy Statement
Thursday, 10 March 2011, 7:28 am | Reserve Bank
See below to view or listen to this morning's press conference held to announce the latest Monetary Policy Statement from the Reserve Bank of New Zealand. The video and audio streams will start shortly after 9am. More >>
ATMS and Banks currently available in Christchurch, NZ
Friday, 25 February 2011, 3:51 pm | Reserve Bank
To assist bank customers in Christchurch, the location of operational ATMs in Christchurch can be found at these maps below. The information has been put together from other sources of publicly available information, and may be subject to change from time ... More >>
Reserve Bank responding to Christchurch earthquake
Wednesday, 23 February 2011, 12:30 pm | Reserve Bank
The Reserve Bank said today it is working closely with authorities and financial institutions to ensure financial services are available to people and businesses in Christchurch following the damaging earthquakes yesterday. Reserve Bank Governor ... More >>
Looking into the crystal ball: A forecast and some risks
Friday, 28 January 2011, 2:16 pm | Reserve Bank
Reserve Bank Governor Alan Bollard today said the recovery is expected to pick up, but a wide range of scenarios could impact upon the economy in the year ahead. Speaking to the Canterbury Employers’ Chamber of Commerce this afternoon, Dr Bollard said ... More >>
OCR unchanged at 3.0 percent
Thursday, 27 January 2011, 9:30 am | Reserve Bank
Reserve Bank Governor Alan Bollard said: “The outlook for the New Zealand economy remains consistent with the projections underlying the December Monetary Policy Statement. More >>
Reserve Bank: Update on covered bonds
Friday, 21 January 2011, 3:09 pm | Reserve Bank
The Reserve Bank has announced that a regulatory limit will be applied to the issuance of covered bonds by New Zealand banks. It will set an initial limit of 10 percent of the total assets of an issuing bank, with this limit calculated on the value of ... More >>
New rules finalised for bank corporate governance
Wednesday, 22 December 2010, 6:56 pm | Reserve Bank
The Reserve Bank has released its new corporate governance requirements for registered banks, following consultation ( http://www.rbnz.govt.nz/finstab/banking/regulation/0094291.html ). More >>
Reserve Bank Bulletin released
Thursday, 16 December 2010, 4:28 pm | Reserve Bank
The Reserve Bank today released the December 2010 issue of the Reserve Bank of New Zealand Bulletin ( http://www.rbnz.govt.nz/research/bulletin/2007_2011/dec2010.html ). More >>
OCR unchanged at 3.0 percent
Thursday, 9 December 2010, 9:48 am | Reserve Bank
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. More >>
New policy proposed for significant acquisitions by banks
Tuesday, 7 December 2010, 11:24 am | Reserve Bank
The Reserve Bank has today released a consultation paper proposing a new policy for locally incorporated registered banks considering making significant acquisitions, investments or business mergers ( http://www.rbnz.govt.nz/finstab/banking/regulation/4242534.pdf ... More >>