RBNZ places country’s largest bank under scrutiny

ANZ must report on director oversight and capital levels

reserve-bank-of-new-zealand
Reserve Bank of New Zealand

The Reserve Bank of New Zealand placed the country’s largest lender, ANZ New Zealand, under scrutiny on June 24, demanding two reports on its internal operations.

The RBNZ wants the bank “to provide assurance it is operating in a prudent manner”, the central bank says in a statement.

In the first report, ANZ is required to provide information on its compliance with the RBNZ’s historical and current capital adequacy requirements. With the second, the central bank aims to assess the bank’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: