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Immunised from Banking Lurgy? Ep 335 David Tripe

NZ Everyday Investor

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The Conservatism of New Zealand Banks

There's a much stronger base of funding to draw upon here in New Zealand. More money basically is local than it is from offshore. If there was a contagion issue and there was a tightening of credit conditions globally, how does that look? Yep, and that could have the effect in due course of actually making the banks much more cautious about lending. Because of the challenges they would have in funding that it lending. That's the risk that might arise.

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