BNZ Bank of New Zealand

Key details

• Parent: assets

Overview

BNZ Bank of New Zealand is NAB National Australia Bank Australian parent ASX: NAB + New Zealand commercial bank subsidiary + one of New Zealand's largest commercial banks by assets + ~1.2M+ NZ customers [1, nz-cro].

History

Oct 7 1861 — Bank of New Zealand founded by John Logan Campbell + Stuart Newall + James Crowe Richmond in Auckland, New Zealand distinctive New Zealand banking heritage as one of New Zealand's oldest banks.

1992 — NAB acquires Bank of New Zealand.

2011 — BNZ Mobile Banking app launch.

Ownership & operator

Operating entity: Bank of New Zealand BNZ (New Zealand commercial bank subsidiary; NAB Australian parent).

Major shareholders: National Australia Bank Limited NAB (ASX: NAB; Australia's #2 commercial bank by assets) fully owned.

Regulators: RBNZ + FMA NZ.

Technical integration

BNZ Mobile Banking app (iOS + Android; ~1.2M+ NZ customers) + bnz.co.nz online + BNZ branch network across New Zealand + BNZ Visa + Mastercard cards; NZ IBAN + NZ BSB.

Implementations & partners

NAB parent: [[nab]] (NAB National Australia Bank Australia; ASX: NAB; Australia's #2 bank by assets; ~10M+ Australian customers).

Major New Zealand banking + payments competitors: [[anz-nz]] (ANZ New Zealand; ANZ Banking Group Australian parent subsidiary; New Zealand's #1 commercial bank by assets) + [[asb-bank]] (ASB Bank; CommBank Australian parent subsidiary; New Zealand commercial bank) + [[westpac-nz]] (Westpac NZ; Westpac Banking Corporation Australian parent subsidiary; New Zealand's #2 commercial bank by assets after ANZ NZ) + [[kiwibank]] (Kiwibank; New Zealand state-owned commercial bank by NZ Post + ACC + NZ Super Fund) + [[tsb-nz]] (TSB Bank New Zealand; New Zealand mutual commercial bank) + [[heartland-bank]] (Heartland Bank New Zealand commercial bank) + [[cooperative-bank-nz]] (The Co-operative Bank New Zealand cooperative bank) + [[rabobank-nz]] (Rabobank NZ; Rabobank Group Dutch parent NZ subsidiary).

Regulators: RBNZ + FMA NZ.

Status

Active, NAB National Australia Bank Australian parent ASX:NAB + New Zealand commercial bank subsidiary + one of New Zealand's largest commercial banks by assets + ~1.2M+ NZ customers [1, 2].

Sources

• 1 BNZ — official
• 2 BNZ — Wikipedia
• nz-cro In-corpus: reports/countries/NZ-new-zealand.md

Source

Biography extracted from bnz-nz.md. See matrix.md for standards-support matrix if present.