Notice: Inappropriate use of names that include the word ‘Bancorp’
The use of certain words (called ‘restricted words’) by entities incorporated in New Zealand is restricted by the Reserve Bank of New Zealand Act 1989 (‘the Act’). The word ‘bancorp’ is a restricted word for the purposes of the Act. Restricted words may not be used as registered names, or names under which any activity is carried on.
It has come to our attention that the entities listed below appear to be carrying on business using the word ‘Bancorp’ inappropriately in their trading names. This is contrary to the provisions of the Act.
None of these entities are licensed or prudentially supervised by the Reserve Bank of New Zealand or any other New Zealand authority.
|
Entity Legal Name |
Entity Trading Name |
Website |
|
AKY Corp Limited |
AKI Bancorp |
akibancorpgroup.com |
|
2320293 Limited |
Central Bancorp |
central-bancorp.com |
|
Cetra Corp LP |
Cetra Bancorp |
cetracorp-wfe.com |
|
2108535 Limited |
Diversity Capital Bancorp de Mexico |
diversitycapital.co.nz |
|
1967712 Limited (struck off) |
EuroCapital Bancorp |
eurocapitalbancorp.net |
|
GBH Private Trust Limited |
GBH Private Bancorp |
gbhbank.com |
|
Global European Finance Limited |
Global European Bancorp |
globaleuropeanbancorp.com |
|
2076102 Limited |
Joseph Bancorp |
josephbancorp.com |
|
Offshore Services Limited |
Pacific Bancorp |
pacific-bancorp.com |
|
Quro Savings Limited |
Quro Bancorp |
qurobancorp.com |
|
Amena Capital Limited |
United Bancorp |
ubc.net.nz |
|
WPBC Limited |
Western Pacific Bancorp |
wpbancorp.com |
|
User Capital Group Limited |
User Bancorp |
userbancorp.com |
Refer to the notice about No licensed offshore finance industry and the caution about New Zealand offshore finance companies.
