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11-10-2011
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Bollard gives lenders extra time to beef up core funding
The Reserve Bank of New Zealand has given local lenders an extra six months to meet an increased target for their core funding ratio as global market turmoil puts the brakes on banks' ability to tap offshore markets for long-term...
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