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In 2020, BNZ announced the closure of 38 branches over the following seven months as a result of the economic effects of the COVID-19 pandemic in New Zealand. [ 11 ] As of June 2022, BNZ is the second largest bank operating in New Zealand, with a market share of 19.1%.
BNZ: 02: 0001–1299 The Co-operative Bank: 02: 1242, 1245–1250 (agency arrangement via BNZ) Westpac: 03: 0001–1999 Heartland: 03: Kookmin Bank: 02: Agency arrangement via BNZ NZCU: 03: Agency arrangement via Westpac Rabobank New Zealand: 03: 0001–1999 China Construction Bank New Zealand: 05 8884-8889 National Bank of New Zealand [a] now ...
Country / Headquarters Company name Registration date [2] Type Parent Co. Logo Market share Auckland, New Zealand: Bank of New Zealand: 1 April 1987 New Zealand retail banking subsidiary
Bank statements for accounts with small transaction volumes, such as investments or savings accounts, may be produced less frequently. Depending on the financial institution, bank statements may also include certain features such as the canceled cheques (or their images) that cleared through the account during the statement period.
The National Bank of New Zealand Limited (NBNZ), often referred to as The National Bank, was one of New Zealand's largest banks. Throughout much of its history, the National Bank provided commercial banking services to mainly major industrial and rural as well as some personal customers.
In 2017, the property was sold to Hisco's wife for $6.9 million when the property's capital value was $10.7 million according to quotable value data. While a Deloitte review cleared ANZ of wrongdoing, the Financial Markets Authority determined that the sale should have been disclosed in ANZ's financial statements. [35] [36]
The purpose of these disclosure statements is to assist depositors to make sound decision and encourage banks to maintain sound banking practices The disclosure comprises: A key information summary that provides a brief overview of the bank's financial condition; General disclosure statement to provide comprehensive information on the bank
Flynn alleges ANZ denied him banking services on the basis of his occupation as a cryptocurrency exchanger by closing his and his brother's bank accounts and contacting another bank about his Bitcoin trading, allegedly causing the other bank to similarly deny him service. [190] Interlocutory orders were made by the Tribunal in June 2021. [191]