Articles tagged Deposit Insurance

Here's 10 things worth knowing from the Reserve Bank's half yearly Financial Stability Report (FSR) and the subsequent news conference and select committee hearing, including the bank's decision to leave its high LVR speed limit in place for now.

The debate over a lack of bank deposit insurance scheme in New Zealand has flared again in Parliament after New Zealand First Leader Winston Peters asked Finance Minister Bill English about the risk New Zealanders could move deposits in a crisis to banks in Australia, which has a scheme.