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The Bank of New Zealand was formed as a private company and incorporated by the New Zealand Bank Act 1861, which created the company and authorises it to issue banknotes. [2] The Bank of New Zealand's first office opened in Auckland in October 1861, followed shortly afterwards by the first branch in Dunedin in December 1861. [3]
Auckland, New Zealand: ANZ Bank New Zealand: 1 April 1987 New Zealand retail banking subsidiary Australia & New Zealand Banking Group: 28.1% (2022) [4] Auckland, New Zealand: ASB Bank: 11 May 1989 New Zealand retail banking subsidiary Commonwealth Bank: 17.2% (2022) [5] Auckland, New Zealand: Westpac New Zealand: 31 October 2006 New Zealand ...
ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. [5] Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003. [6] The banks operated as separate brands until 2012, when they were unified under the ANZ brand ...
The Reserve Bank first issued banknotes in 1934, see New Zealand pound. The Banking (Prudential Supervision) Act 1989, [4] which came into effect in February 1990, resulted in the Reserve Bank becoming independent of government control in RBNZ's role of managing monetory policy by introducing an inflation targeting mandate. New Zealand was the ...
Australia and New Zealand Banking Group (34 P, 1 F) B. Bank of New Zealand (1 C, 4 P, 1 F) Building societies of New Zealand (4 P) W. Westpac (2 C, 25 P)
Bank of New Zealand Building and Queen Street, Auckland, March 1922. The bank was constructed in 1866-1867 by the Bank of New Zealand. [1] It was founded by Auckland business men in 1861, as part of a push back against the influence of Australian banks. [1] [2] The building was the site of the Bank of New Zealand headquarters. [1]
The Bank of New Zealand Te Aro branch building is a historic building on the corner of Manners and Cuba Street, Wellington, New Zealand. The building, designed by William Turnbull (son of Thomas Turnbull), is one of Wellington's earliest reinforced concrete and steel structures. It features Corinthian columns and ornate projecting cornice. It ...
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] In December 2023, the bank's assets totaled about $35 billion. [5]