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New Zealand's central bank to review bank capital rules to boost competition and economic growth.
New Zealand's central bank will review its bank capital requirements, aiming to boost competition and address concerns that current rules are too strict and costly.
The review, to be conducted by international experts, will compare New Zealand's standards with those of other countries.
The current rules, set to rise to 18% for major banks by 2028, have been criticized for potentially increasing costs and reducing economic growth.
The review is expected to conclude by the end of the year.
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El banco central de Nueva Zelanda revisará las reglas del capital bancario para impulsar la competencia y el crecimiento económico.