Registered banks in New Zealand
All banks operating in New Zealand must be registered with us. The table below has information on the 27 banks currently registered with us.
Disclosure statements
All registered banks operating in New Zealand must publish a disclosure statement twice a year. Disclosure statements must include the Conditions of Registration we have imposed on the bank. We have linked each bank’s disclosure statements in the table below.
You are entitled to request a printed copy from your bank, which they must supply within 2 working days.
Some information banks disclose is financial information. We collate and publish this information on our Bank Financial Strength Dashboard.
Credit ratings
The credit ratings in the table below are obtained from banks' 6-monthly disclosure statements or are as advised by banks.
Learn more about credit ratings
We have made reasonable efforts to ensure these ratings are the most up to date rating applicable to the bank concerned. However, we cannot guarantee that a rating will be the most current in all circumstances.
Banks currently registered in New Zealand
Banks marked (B) operate in New Zealand as branches of overseas-incorporated banks. All other banks are incorporated in New Zealand.
Total number of registered banks: 27
| Name of registered bank | Registration date | Name of credit rating agency and rating | ||
|---|---|---|---|---|
| Standard & Poor's | Fitch | Moody's | ||
|
ANZ Banking Group (New Zealand) Limited ANZ National Bank Limited ANZ Bank New Zealand Ltd Read their latest disclosure statement |
1 April 1987 Amended 28 June 2004 Amended 29 October 2012 |
AA- | A+ | A1 |
|
ASB Bank Limited Read their latest disclosure statement |
11 May 1989 | AA- | A+ | Aa3 |
|
Australia and New Zealand Banking Group Limited (B) Read their latest disclosure statement |
5 January 2009 | AA- | AA- | Aa2 |
|
Baroda (New Zealand) Limited Bank of Baroda (New Zealand) Limited Read their latest disclosure statement |
1 September 2009 Amended 1 September 2009 |
- | BBB- | - |
| Bank of China Limited (B) Read their latest disclosure statement |
29 March 2018 | A | A | A1 |
| Bank of China (New Zealand) Limited Read their latest disclosure statement |
21 November 2014 | A | - | A1 |
| BOI (New Zealand) Limited Bank of India (New Zealand) Limited Read their latest disclosure statement |
31 March 2011 Amended 31 March 2011 |
- | BBB- | - |
| Bank of New Zealand Read their latest disclosure statement |
1 April 1987 | AA- | A+ | A1 |
| China Construction Bank Corporation (B) Read their latest disclosure statement |
21 December 2017 | A | A | A1 |
| China Construction Bank (New Zealand) Limited Read their latest disclosure statement |
15 July 2014 | - | A | A1 |
| Citibank N A (B) Read their latest disclosure statement |
22 July 1987 | A+ | A+ | Aa3 |
| Commonwealth Bank of Australia (B) Read their latest disclosure statement |
23 June 2000 | AA- | AA- | Aa2 |
| Heartland Building Society Heartland Bank Limited Read their latest disclosure statement |
17 December 2012 Amended 31 January 2013 |
- | BBB | - |
| Industrial and Commercial Bank of China (New Zealand) Limited Read their latest disclosure statement |
19 November 2013 | A | - | A1 |
| Industrial and Commercial Bank of China Limited (B) Read their latest disclosure statement |
18 May 2020 | A | - | A1 |
| JPMorgan Chase Bank NA (B) Read their latest disclosure statement |
1 October 2007 | AA- | AA | Aa2 |
| Kiwibank Limited Read their latest disclosure statement |
29 November 2001 | - | AA | A1 |
| Kookmin Bank (B) Read their latest disclosure statement (see website footer) |
14 July 1997 | A+ | A | Aa3 |
| The Bank of Tokyo-Mitsubishi, Ltd. The Bank of Tokyo-Mitsubishi UFJ, Ltd MUFG Bank, Ltd (B) Read their latest disclosure statement |
1 March 2004 Amended 4 January 2006 Amended 1 April 2018 |
A | A | A1 |
| Cooperatieve Rabobank U.A. trading as Rabobank Nederland (B) Read their latest disclosure statement |
1 April 1996 Amended 12 January 2016 |
A+ | A+ | Aa2 |
| Rabo Wrightson Finance Limited Rabobank New Zealand Limited Read their latest disclosure statement |
7 July 1999 Amended 15 September 1999 |
A | - | - |
| Southland Building Society Read their latest disclosure statement |
7 October 2008 | - | BBB | - |
| PSIS Limited The Co-operative Bank Limited Read their latest disclosure statement |
26 October 2011 Amended 26 October 2011 |
- | BBB+ | - |
| The Hongkong and Shanghai Banking Corporation The Hongkong and Shanghai Banking Corporation Limited (B) Read their latest disclosure statement |
22 July 1987 Amended 16 January 2001 |
AA- | AA- | Aa3 |
| Taranaki Savings Bank Limited TSB Bank Limited Read their latest disclosure statement |
8 June 1989 Amended 29 November 1989 |
- | BBB+ | - |
| Westpac Banking Corporation (B) Read their latest disclosure statement |
1 April 1987 | AA- | AA- | Aa2 |
| Westpac New Zealand Limited Read their latest disclosure statement |
31 October 2006 | AA- | A+ | A1 |
Breaches
We require New Zealand-registered banks to meet a number of key prudential requirements. Material breaches of these requirements are recorded on our material breach register.
See our material breach register
We may also pursue enforcement action where serious non-compliance is identified and risks are not properly addressed. Details of past enforcement actions can be found on our enforcement register.