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The bank gained the banking account of the New Zealand Government from the Union Bank of Australia, and became an agent to raise debt in the United Kingdom for the government. [ citation needed ] In the 1860s and 1870s capital was brought into New Zealand by the government and others.
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 ...
By 2024 New Zealand, the banking sector was dominated by four large Australian-owned banks, which are responsible for 85% of bank lending. These banks and their parent companies are: ANZ Bank New Zealand was formed in 1979 when ANZ (bank) incorporated its branches in New Zealand. In 1989 ANZ acquired PostBank.
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Rabobank New Zealand: 03: 0001–1999 China Construction Bank New Zealand: 05 8884-8889 National Bank of New Zealand [a] now ANZ: 06: 0001–1499 National Australia Bank: 08: 0000–9999 Industrial and Commercial Bank of China: 10 5165—5169 PostBank [a] 11: 5000–8999 ASB: 12: 3000–3999 Trust Bank Southland [a] 13: 4900–4999 Trust Bank ...