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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.
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 Co-operative Bank is a New Zealand based and registered bank. It provides everyday banking, deposits, savings, loans, insurance and small-business banking throughout the country. 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]
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]
Australia and New Zealand Banking Group (34 P, 1 F) B. Bank of New Zealand (1 C, 4 P, 1 F) ... The Co-operative Bank (New Zealand) D. Databank Systems; H. Heartland ...
The Reserve Bank of New Zealand was established from 1 August 1934 by the Reserve Bank of New Zealand Act 1933. [2] 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 ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...