Reuters logo
BRIEF-Moody's says outlook for New Zealand banks stable, supported by strong economic conditions and asset quality
October 31, 2017 / 12:56 AM / 20 days ago

BRIEF-Moody's says outlook for New Zealand banks stable, supported by strong economic conditions and asset quality

Oct 30 (Reuters) -

* Moody‘s- Outlook for New Zealand banks stable, supported by strong economic conditions and asset quality

* Moody’s says forecasts that New Zealand’s real GDP will grow 3% in 2017 and 2.8% in 2018

* Moody's on New Zealand banks - Key driver of overall asset quality is housing loans, which make up largest share of the banks' total loans, at 56% as of July 2017 Source text: bit.ly/2A2aQNe

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below