Among the common denominators of the policy, the RBNZ removes share restrictions on banks

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Among the common denominators of the policy, the RBNZ removes share restrictions on banks

* RBNZ – REMOVAL OF RESTRICTIONS WILL TAKE EFFECT FROM 1 JULY 2022 * RBNZ – REMOVAL OF RESTRICTIONS WILL TAKE EFFECT FROM 1 JULY 2022

Story Highlights

  • RBNZ – NORMALISING PROCESS FOR BANKS SETTING DIVIDEND PAYMENTS BY REMOVING RESTRICTIONS PLACED ON COUNTRY’S REGISTERED TRADING BANKS AT THE HEIGHT OF PANDEMIC RISK.

  • * RBNZ – REGULAR SUITE OF PRUDENTIAL SETTINGS, INCLUDING CAPITAL, LIQUIDITY & OTHER MEASURES REMAIN IN PLACE TO SUPPORT FINANCIAL STABILITY