Removal of requirement for Kiwibank 'double dipping' for capital requirements, and alignment with big 4, cheered by state owned bank
7th Jul 14, 4:30pm
by
By Gareth Vaughan
Kiwibank is welcoming Reserve Bank enforced changes to the way credit card debt and unsecured lending is included in residential mortgage loan-to-value ratio (LVR) calculations, saying they put the state owned bank on a level playing field with its Australian owned competitors.
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