Inappropriate use of names that include the word 'Bancorp' Notice

Date
14 July 2011
Type
Notice

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