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AA− ( S&P) [ 1] Website. www .bnz .co .nz. Bank of New Zealand ( BNZ) is one of New Zealand's big four banks. It has been operating since October 1861, and since 1992 has been owned by National Australia Bank (NAB), retaining local governance with a New Zealand board of directors. The bank operates a variety of financial services covering ...
New Zealand Rail Limited (The rail operations of the Railways Corporation) – later renationalised as KiwiRail. New Zealand Steel Limited – purchased by BHP. Post Office Bank Limited (Postbank) – sold to ANZ. Radio New Zealand (Commercial Stations) – Sold to Clear Channel to form The Radio Network.
The restructuring and sale of state-owned enterprises in the 1990s reduced government's role in the economy. Many of the largest companies lost ground and new enterprises were established. [1] New Zealand companies are dependent on international trade, mainly with Australia, the European Union, the United States, China, South Korea, Japan and ...
New Zealanders commonly refer to their state-owned enterprises as "SOEs", or as "crown entities". Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and " local-authority trading enterprises " (LATEs) as separate corporations or as business units of the councils concerned.
New Zealand Railways Department (corporatised in 1981 as a state-owned enterprise, the New Zealand Railways Corporation, including the infrastructure, which is now trading as KiwiRail) Ministry of Research, Science and Technology (MoRST) (Te Manatū Pūtaiao)
Auckland, New Zealand: Heartland Bank: 17 December 2012 New Zealand listed retail bank: Publicly listed on New Zealand Exchange: 0.7% (2022) Auckland, New Zealand: Kiwibank: 29 November 2001 New Zealand State owned retail bank: 9% (2022) [7] Invercargill, New Zealand: SBS Bank: 7 October 2008 Mutual retail bank: 0.8% (2022) Wellington, New ...
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney. [2] Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation in 1982.
This is a list of companies (equities and funds) on the NZX, the national stock exchange main board. Stock name. Symbol. Country of origin. Notes. Ascension Capital. NZX: ACE. AFC Group.