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BNZ tower in Auckland |
Bank of New Zealand (BNZ), established in 1861, is one of largest financial services providers in the country. In November 1992, National Australia Bank (NAB) acquired the Bank of New Zealand for NZ$1.48 billion. In February 1993, BNZ became a wholly owned subsidiary of NAB. With over 5,000 employees, BNZ provides a wide range of financial products and services to retail, business and institutional customers through over 170 retail stores and partners’ centres and more than 440 ATMs across New Zealand. It offers everyday and savings accounts, foreign currency accounts, home and personal loans, car loans, credit cards, loans for small, medium and large businesses, investments, private banking, international banking, transactional banking, KiwiSaver scheme funds, internet and mobile banking. It also offers merchant and treasury services, risk management products as well as life insurance, travel insurance, health insurance, house insurance, contents insurance, business insurance, vehicle and boat insurance. BNZ Private Bank was named "Best Private Bank in New Zealand" (PWM/The Banker Global Private Banking Awards 2016). As of September 30, 2016, Bank of New Zealand had total assets of NZ$92.5 billion, loans of NZ$74.4 billion and customer deposits of NZ$51.5 billion. The main management and administration functions of the Bank are located in Wellington and Auckland.
Credit Ratings (February 2017)
Rating Agency | Credit Rating | Outlook |
Standard & Poor’s | AA- | Negative |
Moody’s | Aa3 | Negative |
Fitch Ratings | AA- | Stable |
Head office address:
80 Queen Street
Level 4, Auckland, 1010
New Zealand
Phone number: 0800 275 269
Overseas call: +64 4 931 8209
Website: www.bnz.co.nz