3 February 2003

New bank registered

The Reserve Bank today announced that it had registered Leviathan Limited as a bank.

This bank intends to change its name to St George Bank New Zealand Limited, and operate using the trading name "Superbank".

This registration brings the total number of registered banks in New Zealand to 18.

For further information contact
Paul Jackman
Corporate Affairs Manager
Ph 04 471 3671, 021 497 418, home 04 938 8177, Jackmanp@rbnz.govt.nz