RBNZ to bank the banks to help businesses lower their funding costs

<p>RBNZ said it is ramping support for businesses and banks by accepting corporate debt and other assets as security for loans to banks. The aim is to &#8220;pump more money into the economy through the banking system. &#8221; Assistance Governor Christian Hawkesby said, &#8220;by banking the banks, we are ensuring large businesses can better manage [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/283456-rbnz-to-bank-the-banks-to-help-businesses-lower-their-funding-costs/">RBNZ to bank the banks to help businesses lower their funding costs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>