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November 30, 2015 4:59 PM ET


Company Overview of Bank of New Zealand

Company Overview

Bank of New Zealand provides various banking products and services in New Zealand. It offers personal banking services, including transaction and savings accounts; term deposits; home and personal loans, and mortgages; debit and credit cards; international services, such as foreign exchange rates, travel money, payments, foreign currency call accounts, foreign currency term deposits, and migrant banking services; and insurance products, including house, contents, vehicle, boat, life, health, and travel, as well as credit card and loan debt insurance. The company also provides business banking services comprising transaction and call accounts; term and foreign currency term deposits; loans an...

80 Queen Street

Level 4

Auckland,  1010

New Zealand

Founded in 1861


64 9 375 1300

Key Executives for Bank of New Zealand

Chief Executive Officer and Managing Director
Chief Financial Officer
Head of Technology and Operations
Chief Executive of Building Research
Senior Business Manager of Major Client Group
Compensation as of Fiscal Year 2015.

Bank of New Zealand Key Developments

Bank of New Zealand Announces Board Changes

Bank of New Zealand announced that Anne Loveridge will join the Board in December 2015, after retiring as Deputy Chair of PricewaterhouseCoopers in Australia. Doug McKay, who replaced John Waller as the Chairman of BNZ, will join the Board in February 2016. The company also announced the departing of Chairman Michael Chaney.

Bank of New Zealand Declares Final Dividend, Payable on December 15, 2015

Bank of New Zealand has declared a final dividend of 99 cents per fully paid ordinary share, 100% franked, payable on 15 December 2015.

Bank of New Zealand Announces Group Earnings Results for the Year Ended September 30, 2015

Bank of New Zealand announced group earnings results for the year ended September 30, 2015. For the year, the company reported net interest income of NZD 1,735 million compared to NZD 1,624 million a year ago. Total operating income was NZD 2,432 million compared to NZD 2,136 million a year ago. Total operating profit before income tax expense was NZD 1,439 million compared to NZD 1,161 million a year ago. Net profit attributable to shareholders of Bank was NZD 1,038 million compared to NZD 850 million a year ago. Net operating income was NZD 2,092 million compared to NZD 2,003 million a year ago. Underlying profit was NZD 1,266 million compared to NZD 1,197 million a year ago. Cash earnings before tax was NZD 1,132 million compared to NZD 1,110 million a year ago. Cash earnings (NZ Banking) were NZD 823 million compared to NZD 807 million a year ago. Cash earnings (Legal Entity) were NZD 966 million compared to NZD 895 million a year ago.

Recent Private Companies Transactions

Private Placement
March 24, 2015

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