Banks in New Zealand

The banking system of New Zealand consists of 23 registered banks, with more than 90% of total assets held by foreign banks (Bank of Australia owns 87% of such assets).
It consists of the central bank - Reserve Bank of New Zealand, commercial and merchant banks, trust savings banks and the Postal Savings Bank of New Zealand. A number of other financial institutions in New Zealand, in particular, funding agencies, also perform some financial functions.
In general, main activities of commercial banks in New Zealand include:
  • Deposits
  • Loans
  • Current and savings accounts
  • Mortgages
  • Processing of transactions in foreign currencies
  • Supporting of international trade operations
  • Additional services, such as legal support as advocates for the investment holdings

    HSBC New Zealand

    HSBC New Zealand logo

    HSBC New Zealand is a branch of one of the biggest world’s financial groups, the Hongkong and Shanghai Banking Corporation, operating in the country since 1987.

    Citibank New Zealand

    Citibank New Zealand

    Citibank New Zealand is a part of Citigroup, one of the largest financial services organisations in the world, with over 300,000 staff in over 100 countries.

    Deutsche Bank New Zealand

    Deutsche Bank New Zealand

    Deutsche Bank New Zealand is a subsidiary of the German global banking and financial services company headquartered in Frankfurt.

    Rabobank New Zealand

    Rabobank New Zealand

    Rabobank New Zealand operates as a subsidiary of the world’s leading food and agribusiness bank based in Netherlands – Rabobank Groep N.V. It is known as a significant provider of corporate financial services to the food and agribusiness sectors in the country.

    Heartland Bank

    Heartland Bank logo

    Heartland bank was established in 2011 as a result of the merger of four financial organisations, and became a registered bank on December 17, 2012.

    SBS Bank

    SBS Bank

    SBS bank is a bank operating nationwide, providing banking, insurance, financial services and property management.

    HBS Bank

    HBS Bank

    HBS Bank (also known as Hastings Building Society) is a bank in New Zealand with branches in Hastings, Napier and Havelock North serving the Hawke’s Bay region.

    Co-operative Bank New Zealand

    Co-operative Bank New Zealand logo

    The Co-operative Bank New Zealand is the only bank in the country owned by its members.
    Active since 1928, currently the bank has more than 128,000 customers in New Zealand, employing about 300 staff.

    TSB Bank

    TSB Bank logo

    TSB Bank is a New Zealand-owned bank based in New Plymouth. It was established in 1850 and currently serves customers through a network of 14 branches within the Taranaki area and service centres in Hastings, Hamilton, Tauranga, operating as a subsidiary of TSB Community Trust.

    Kiwibank

    Kiwibank logo

    Kiwibank is one of the largest banks in NZ, a wholly owned subsidiary of the state-owned enterprise New Zealand Post Limited.

    Westpac New Zealand

    Westpac New Zealand logo

    Westpac New Zealand is the second largest bank in the country, a subsidiary of the Western-Pacific, one of Australia’s big four banks.

    ANZ New Zealand

    ANZ logo

    ANZ Bank is a banking arm of the largest banking and financial services group the country, operating under a variety of different brands, such as ANZ, UDC Finance, EFTPOS New Zealand, Bonus Bonds and Direct Broking.

    ASB Bank

    ASB logo

    ASB Bank is a bank in New Zealand, subsidiary of the Commonwealth Bank of Australia. It was founded in 1847 as the Auckland Savings Bank and today serves about 1.3 million personal, business and rural customers.

    BNZ (Bank of New Zealand)

    BNZ logo

    Bank of New Zealand (or BNZ) is one of largest banks in the country with 180 branches, where more then 5000 employees serve personal, business and private customers.


    Useful Information

    Banks near Popular New Zealand Tourist Attractions

    Banks-near-Popular-New-Zealand-Tourist-AttractionsAll New Zealand banks have branches located in central locations. There are professional with inviting atmospheres and offer a range of services for international customers. ASB, BNZ and ANZ all offer currency exchange in their central branches. If you cannot find a branch for the bank you are with they will often have an ATM in a central location.

    Banking Facilities in New Zealand’s Major Airports

    Banking Facilities in New Zealand's Major AirportsNew Zealand has some airports in operation which have banks that service all customers in and around the airport. The airports scoped are Auckland, Wellington, Christchurch, Queenstown and Dunedin.

    Opening an Account and Choosing a Banking Card at Kiwibank

    Opening an Account and Choosing a Banking Card at KiwibankIn Kiwibank there are basically four types of everyday accounts: Free Up, NOW account, Front Runner and Bill Blaster.

    How to Open an Account and Choose a Credit Card at ANZ Bank New Zealand

    Open an Account and Choose a Credit Card at ANZThis article will guide you on how to open a bank account and choose a credit card at ANZ bank in New Zealand. Whether you are a current resident or about to become a new resident, ANZ bank is the easiest bank to open a bank account with in New Zealand.

    How to Open an Account at HSBC New Zealand

    HSBC in New Zealand has a pretty broad and diverse product and service portfolios which include internet banking, credit cards, borrowings, savings, everyday banking, ATM withdrawals and more.