Developments in the banking industry

Release date
01/06/1998
Reference
Vol. 61. No. 2. June 1998
Author
Andrew Rodgers
Main file
This article reviews developments in the New Zealand banking system over 1997 against the background of international banking trends. Financial data extracted from the banks' disclosure statements point to a banking system which, although less buoyant than in earlier years, is still well placed to handle adverse economic developments.