Banks stress test outcome reinforces need tor strong capital buffers - RBNZ

Omkar Godbole FXStreet Contributor

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.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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