Published 27 August 2018
The Reserve Bank published new data on the financial health of NZ-registered banks on Friday, the first quarterly update of key metrics since it launched the bank dashboard in May.
The dashboard is an interactive tool that makes it easy to compare banks on a range of financial information, such as how much capital they have in reserve, whether they are taking risks by concentrating lending too much on any single area, and non-performing loans. The Reserve Bank has 2 aims – to improve the public understanding of banks, and to increase incentives for banks to operate soundly.
Following feedback, the Reserve Bank said on Friday it had made 2 technical improvements which allow users to share charts more easily, and identify & select which banks they wish to compare.
The next quarterly update is scheduled for 26 November.
Attribution: Bank release.