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Australian banks must have a plan to deal with negative interest rates by 2022 – APRA

July 12, 2021 By Paulina Duran SYDNEY (Reuters) – Australia’s prudential regulator told banks on Monday they must have a plan to deal with the possibility of zero or negative interest rates by April 2022, after a consultation showed such rates could pose “operational challenges” in some instances. While the Reserve Bank of Australia has […]

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