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Westpac New Zealand, known simply as Westpac, is a New Zealand bank that is a subsidiary of the Australian Westpac Banking Corporation. The bank is one of New Zealand's big four banks. It operates under the same brand as its parent but is operationally separated as required by the New Zealand banking regulator the Reserve Bank of New Zealand.
Auckland, New Zealand: Westpac New Zealand: 31 October 2006 New Zealand retail banking subsidiary Westpac: 18% (2022) [6] Sydney, Australia: WBC NZ Branch: 1 April 1987 New Zealand registered branch of offshore banking group Auckland, New Zealand: Heartland Bank: 17 December 2012 New Zealand listed retail bank: Publicly listed on New Zealand ...
It is one of the big four banks in New Zealand and provides services to small to medium business, corporate and institutional organizations, and is the banker of the New Zealand government. [40] As of June 2022, it was the third largest bank in New Zealand, with a market share of 19%. [41]
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.
Westpac New Zealand (WBC), formerly WestpacTrust, after a merger with Trust Bank, a subsidiary of Westpac Banking Corporation Together they hold over 90% of gross loans and advances in New Zealand [ 43 ] as well as close to 90% of all mortgages.
Trust Bank New Zealand (TBNZ) had its origins in New Zealand's regional trustee savings banks. The five original banks were established under the Savings Bank Act 1858, [2] and were: the Auckland Savings Bank (est. 1847) [3] the New Plymouth Savings Bank (est. 1850) [4] the Dunedin Savings Bank (est. 1864) [5] the Invercargill Savings Bank (est ...
New Zealand won the match 1–0, with a record crowd at the time of 35,194 for a football match in New Zealand. [15] On 28 January 2010, AC/DC kicked off the Australasian leg of its Black Ice World Tour at the stadium. The concert quickly sold out so a second was scheduled for 30 January. [16]
ANZ Bank New Zealand; Bank of Baroda; Bank of China; Bank of India; China Construction Bank; Commonwealth Bank; Deutsche Bank; Industrial & Commercial Bank of China; Kookmin Bank; MUFG Bank; Rabobank New Zealand; Westpac New Zealand