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RBNZ Orr: New Zealand’s financial system remains sound

The Reserve Bank of New Zealand governor, Adrian Orr, says New Zealand’s financial system remains sound, with strong capital and liquidity buffers.

Key comments

Says we are confident that the financial system is well placed to respond to impacts of coronavirus.

More to come...

RBNZ: Agreed with banks that during period there will be no payment of dividends on ordinary shares

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Fitch Ratings Takes Rating Action on 18 UK Banking Groups Due to the Coronavirus Outbreak – Reuters

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