Regulatory Alerts2022-02-27
Your bank's disclosure statement: what's in it for you
The Reserve Bank of New Zealand requires all registered banks to publish six-monthly disclosure statements to strengthen banking practices and help depositors make informed decisions. These documents provide critical financial data including credit ratings, capital ratios, impaired assets, and lending concentrations, with full-year statements undergoing a full audit. Investors are advised to use these disclosures alongside the Bank Financial Strength Dashboard and professional advice to assess the financial strength of their bank.
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