New Zealand

Highlights

• 19 Dec 2012
  • Outlook for New Zealand banking system stable
    The stable outlook reflects the continued expansionary bias in the country's macroeconomic policies, post-earthquake reconstruction in Christchurch, a gradual pick-up in house prices, strong levels of capitalization, and the banks' positive credit fundamentals. However, the small and open economy and the financial system's high reliance on offshore funding expose the banks to external shocks… Press Release l Full Report