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New Zealand's central bank considers lowering bank capital requirements to spur economic growth.
The Reserve Bank of New Zealand (RBNZ) is reviewing and considering reducing the capital requirements for banks to boost competition and lower lending costs.
The existing rules, implemented in 2019, have been criticized for being too strict and raising credit costs, hindering economic growth.
The RBNZ aims to balance financial stability with supporting the economy, and public feedback is being sought until October 3, with a decision expected by the end of the year.
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El banco central de Nueva Zelanda considera reducir los requisitos de capital bancario para estimular el crecimiento económico.