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Kiwibank Limited is a New Zealand state-owned bank and financial services provider. As of 2023, Kiwibank is the fifth-largest bank in New Zealand by assets, and the largest New Zealand-owned bank, with a market share of approximately 9%. [4]
Kiwibank: 29 November 2001 New Zealand State owned retail bank: 9% (2022) [7] Invercargill, New Zealand: SBS Bank: 7 October 2008 Mutual retail bank: 0.8% (2022) Wellington, New Zealand: Co-operative Bank: 26 October 2011 Co-operative retail bank: New Plymouth, New Zealand: TSB Bank: 8 June 1989 Community trust retail bank: 0.5% (2022) New ...
PostBank shared many operating characteristics with the later Kiwibank, a bank which initially operated as a wholly owned subsidiary of the state-owned enterprise, New Zealand Post Limited. Later, Kiwibank and New Zealand Post started a process of no longer co-locating, with Kiwibank opening 13 stand-alone premises. [9]
The origins of the format lay in the establishment of the Databank Systems Limited, a company set up by a consortium of competing New Zealand banks, to provide computing resources (development and operational) for the consortium members. [1] Bank codes are coordinated by Payments NZ who administer the Bulk Electronic Clearing System (BECS).
Learn how to download and install or uninstall the Desktop Gold software and if your computer meets the system requirements.
In 1974 the NZ Government set up the Rural Bank. The bank was sold to Flecher Challenge Ltd in 1989 and sold again in 1992 to National Bank [16] The Development Finance Corporation (DFC) of New Zealand was a state-owned investment bank that operated from 1964 to 1991. In 2002 the government founded Kiwibank as a subsidiary of NZ Post.
Mitchell finished with 36 points and eight rebounds, and he shot 7-of-16 from behind the arc. Darius Garland added 17 points and five assists, and Mobley finished with 15 points and 11 rebounds.
Originally set up in 1928 as the Public Service Investment Society and subsequently renamed PSIS, the Co-operative Bank became a registered bank in October 2011. [2] As of 2017 the bank has around 161,000 customers throughout New Zealand. As a co-operative the Bank is owned by its customers and its main purpose is to benefit the customers.
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