Luigi Wewege, CEO of Vivier & Co on Why New Zealand Is Considered a Secure Destination for Investment Funds
Fortunately, the Global Credit Crunch had relatively little effect on the New Zealand banking sector. A striking contributory cause was the health of the New Zealand financial market, due largely to the quality of its lending sector. In New Zealand, this has faced much sterner regulation and control than had, regrettably, become the norm in many other OECD countries during the property boom years of 2002-2007.
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