MUSCAT/WAM The number of hotel establishments across Gulf Cooperation Council (GCC) countries exceeded 11,200 in …
Read More »RBNZ urged to delay lending restrictions
Bloomberg New Zealand banks are calling on the Reserve Bank to delay implementation of new mortgage lending restrictions such as debt-to-income ratios as the housing market cools. Existing restrictions and rising interest rates are already slowing home-lending growth, and banks are concerned the introduction of further limits could have “unintended consequences,†the New Zealand Bankers Association said in a …
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