Orr on bank capital, risk management & the economy

In the speech 'Bank capital, risk management and the economy' given on 10 April Adrian Orr of the RBNZ said the Reserve Bank is working intensively on the implementation of the new international framework for bank capital adequacy, known as Basel II.

"Bank capital represents the owners' stake in the business and a platform for the bank's future growth and innovation," Mr Orr said. "For the stability of the financial system, banks need to hold capital above certain minimum levels at all times, in

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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