Safer banks for greater wellbeing A speech delivered to the Institute for Governance and Policy Studies, Victoria University in Wellington, New Zealand On 26 February 2019 By Geoff Bascand, Deputy Governor and General Manager Financial Stability  2 The Terrace, PO Box 2498, Wellington 6140, New Zealand Telephone 64 4 472 2029 Online at www.rbnz.govt.nz  2  Good afternoon, It is a pleasure to be able to speak about the Reserve Bank’s recent proposals to increase minimum capital requirements for banks to such a diverse audience at Victoria University that includes academics, students, government officials, bankers, and members of the public.
While perhaps not obvious on the surface, these proposals, if implemented – in whole or in part – are likely to have impacts on all New Zealanders.