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RBNZ today registered Bank of China to provide banking services in New Zealand

The Reserve Bank today registered Bank of China to provide banking services in New Zealand. Bank of China Limited is incorporated in the People’s Republic of China and will operate

The Industry SpreadIndustry News

Bank of ChinaThe Reserve Bank today registered Bank of China to provide banking services in New Zealand.

Bank of China Limited is incorporated in the People’s Republic of China and will operate in New Zealand as a branch.

A New Zealand subsidiary of the Bank of China, Bank of China (New Zealand) Limited, has been registered to provide banking services in New Zealand since November 2014.

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There are now 26 registered banks in New Zealand.

Register of registered banks in New Zealand

All banks operating in New Zealand must be registered with the Reserve Bank of New Zealand.

There are currently 26 registered banks.

Under section 69 of the Reserve Bank of New Zealand Act, the Reserve Bank must keep a public register of registered banks and this is provided below.

Banks currently registered in New Zealand

Name of registered bank

Registration Date
ANZ Bank New Zealand Ltd 1 April 1987
ASB Bank Limited 11 May 1989
Australia and New Zealand Banking Group Limited (B) 5 January 2009
Bank of Baroda (New Zealand) Limited 1 September 2009
Bank of China Limited (B) 29 March 2018
Bank of China (New Zealand) Limited 21 November 2014
Bank of India (New Zealand) Limited 31 March 2011
Bank of New Zealand 1 April 1987
China Construction Bank Corporation (B) 21 December 2017
China Construction Bank (New Zealand) Limited 15 July 2014
Citibank N A (B) 22 July 1987
Commonwealth Bank of Australia (B) 23 June 2000
Heartland Bank Limited 17 December 2012
Industrial and Commercial Bank of China (New Zealand) Limited 19 November 2013
JPMorgan Chase Bank NA (B) 1 October 2007
Kiwibank Limited 29 November 2001
Kookmin Bank (B) 14 July 1997
Coöperatieve Rabobank U.A. trading as Rabobank Nederland (B) 1 April 1996
Rabobank New Zealand Limited 7 July 1999
Southland Building Society 7 October 2008
The Bank of Tokyo-Mitsubishi UFJ Limited (B) 1 March 2004
The Co-operative Bank Limited 26 October 2011
The Hongkong and Shanghai Banking Corporation Limited(B) 22 July 1987
TSB Bank Limited 8 June 1989
Westpac Banking Corporation (B) 1 April 1987
Westpac New Zealand Limited 31 October 2006

Filed 26 March 2018, 17:09 GMT.

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