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Overview1. New Zealand's banks have weathered the global financial storm relatively well thus far. Banks remain profitable, with low levels of impaired assets, and aggregate capital well above the regulatory minimum. However, they are vulnerable on two fronts. They are heavily exposed to households, whose debt has risen significantly and whose assets have been hit by a slump in house and equity prices. In addition, banks are reliant on short-term wholesale funding from offshore markets that have been disrupted since the collapse of Lehman Brothers in September 2008. Full Product DetailsAuthor: Werner Schule , International Monetary International Monetary FundPublisher: International Monetary Fund Imprint: International Monetary Fund ISBN: 9781283552158ISBN 10: 1283552159 Pages: 41 Publication Date: 01 January 2011 Audience: General/trade , General Format: Electronic book text Publisher's Status: Active Availability: In stock  We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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