12 October 1998

New bank registration

The Reserve Bank today announced that AMP Bank Limited has been registered as a bank in New Zealand. AMP Bank Limited is incorporated in Australia and will operate in New Zealand as a branch. This brings the number of registered banks to 19.

For further information contact
Paul Jackman
Corporate Affairs Manager
Phone 04 471 3671, home 04 479 5457, pager 026 105 085,
Email jackmanp@rbnz.govt.nz

or

Peter Ledingham
Chief Manager
Banking System Department
Telephone 04 471 3754