Kōrero: Banking and finance

Non-performing loans, US and New Zealand

Non-performing loans, US and New Zealand

Coming out the recession of the early 1990s, New Zealand had a higher percentage of non-performing loans than the US. However, the recession beginning in 2007 did not have as severe effect on loan performance in New Zealand as in the US – where the sub-prime (higher-risk) mortgage market had unravelled.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand

Source: Reserve Bank of New Zealand Financial Stability Report, May 2009

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

David Tripe, 'Banking and finance - Risk in banking and finance', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/graph/24643/non-performing-loans-us-and-new-zealand (accessed 12 July 2020)

He kōrero nā David Tripe, i tāngia i te 11 Mar 2010