NZ central bank expecting agricultural lending defaults to increase.
BANKING AND CREDIT NEWS-October 26, 2023--NZ central bank expecting agricultural lending defaults to increase
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Global Banking News - 26 October 2023
The New Zealand central bank has said that it is expecting defaults in agricultural lending to increase, according to Reuters.
The agricultural sector in New Zealand has been affected by higher costs. Debt servicing costs have also risen dramatically over the past two years, as the central bank has...
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