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Settlement accounts 'a major competitive advantage' for banks, as ComCom sets date for market study report release - Vimarsana News

Settlement accounts 'a major competitive advantage' for banks, as ComCom sets date for market study report release

Published: February 16, 2024

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission

Source: interest.co.nz

Related Topics:

New Zealand Buddle Findlay Nbdts Jensen Simon Jensen China Construction Bank Treasury Debt Management Office Nz Super Fund Exchange Settlement Account System Commerce Commission Funding For Lending Programme Government Funding Agency Reserve Bank Large Scale Asset Purchase Cash Rate Blending Programme Continuous Linked Local Government Funding Agency Debt Management Office

RBNZ could broaden access to its settlement accounts with more parties wanting in - Vimarsana News

RBNZ could broaden access to its settlement accounts with more parties wanting in

Published: October 19, 2023

RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit

Source: interest.co.nz

Related Topics:

New Zealand China Construction Bank Bank Deposit Takers Nbdts Exchange Settlement Account System Nz Super Fund Funding For Lending Programme Government Funding Agency Treasury Debt Management Office Reserve Bank Official Cash Rate Non Bank Deposit Takers Scale Asset Purchase Continuous Linked Local Government Funding Agency Debt Management Office Blending Programme