New 2013 Regulations on capital Adequacy of NZ Banks
Quote:
Originally Posted by
Paper Tiger
In an ideal world HNZ would have a Tier 1 Capital Ratio of greater 14.5% but 20% would be excessive.
At 30 Jun 13 HNZ was:
Tier 1 CR: 13.8% (min 12%)
Total CR: 13.8% (min 12%)
by comparison at 30 Jun 13 ANZ (NZ) was:
Tier 1 CR: 10.7% (min 6%)
Total CR: 12.4% (min 8%)
So although HNZ would breach it conditions earlier in a crunch it is as 'robust' as the next bank (ANZ).
Just starting to digest the very comprehensive Heartland Bank Disclosure Statement that Heartland released with their annual results. Perhaps more important than this are the underlying Reserve bank of New Zealand references on banking both drafted in the first half of FY2013
First there is the 'Connected Exposures Policy'
http://www.rbnz.govt.nz/regulation_a...ok/3272069.pdf
and the 'Capital Adequacy Framework'
http://www.rbnz.govt.nz/regulation_a...ok/3272068.pdf
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