Zoom Out To Lunch

Bernard & Jarrod: How Govt is helping banks

Newsroom Pro’s Bernard Hickey and Kiwibank Chief Economist Jarrod Kerr zoom out at lunch to talk about the Reserve Bank’s latest move to help banks lend to corporates. 

Bernard Hickey talks with Kiwibank Chief Economist Jarrod Kerr and Kiwibank CEO Steve Jurkovich about how the banking sector, the Reserve Bank and the Government are working together to soften the blow of Covid-19 for mortgage and business customers.

They look at the mortgage deferral schemes, the Government’s wage subsidies, the Reserve Bank’s bond and commercial paper support and the various changes to capital and funding rules that are helping banks to deal with the crisis.

This is part of a daily 'Bernard and Jarrod Zoom out for Lunch' webinar series during the lockdown.

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