Stress testing shows most banks would struggle to pay out deposits in a severe scenario lasting over six months - Valentine Addis

Stress testing shows most banks would struggle to pay out deposits in a severe scenario lasting over six months

Just one out of New Zealand’s 10 largest banks would be able to meet demand from depositors wanting to withdraw money in a very severe scenario which lasted more than six months, testing by the Reserve Bank has revealed.The banking…
Source: NZ Herald Business News

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By | December 7th, 2021|Business|0 Comments