All posts tagged "Philip Lowe"
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248Australia & NZ‘Now is the Time’ for Banks to Use Buffers: APRA, RBA
APRA's Wayne Byres and the RBA's Philip Lowe said buffers were built up to be used in times of stress, and lower capital ratios are both expected and appropriate.
May 22, 2020 -
609Australia & NZBanks Sufficiently Capitalised to Pay Dividend, says RBA Governor
Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020 -
315Australia & NZ
RBA Mulls First-Ever Quantitative Easing Programme
The RBA says it stands ready to buy government bonds in the secondary market, while APRA and ASIC are tasked with 'adjusting' regulatory requirements to boost credit availability.
March 17, 2020 -
379Australia & NZCentral Banks Act to Mitigate Covid-19 Economic Threat
The HKMA has responded to the US rate cut with a cut of its own. The RBA and BNM have also cut their key policy rates, while the BOJ focuses on asset purchases.
March 4, 2020 -
299Australia & NZ
RBA Considers Mandating ‘Least Cost Routing’ – Reports
Forcing banks to route payments through EFTPOS rather than Visa or Mastercard could save retailers an estimated A$500mn a year.
February 7, 2020 -
381AML / KYC
RBA Underlines High Cost of Cross-Border Transfers via Big Banks
The average mark-up over the wholesale exchange rate is around 5.5% for the major banks, versus about 1% for the digital money transfer services, said RBA governor Philip Lowe.
December 11, 2019
