Deposit Guarantee Scheme
Financial institutions that are potentially eligible for the Government deposit guarantee scheme include those listed below. The final decision on eligibility will be made by officials under a delegated authority from the Minister of Finance. This is not a complete list.
Retail Liability Bank Rating (NZ$ millions) Registered Banks ABN-AMRO AA [Withheld under s9(2)(b)(ii) and s9(2)(ba)] ANZ National Bank AA ASB AA BNZ AA Citibank N.A. AA CBA AA Deutsche Bank AG AA HSBC AA- JP Morgan Chase N.A. Kiwibank AA Kookmin A Rabobank Nederland ) ? Rabobank New Zealand Ltd ) ? AAA SBS Bank BBB Bank of Tokyo Mitsubishi A TSB BBB Westpac Banking Corporation ) ? Westpac New Zealand Ltd ) ? AA Building Societies PSIS BB (Including PSIS) CBS Canterbury Deposit-taking South Canterbury Finance BBB 1,583 Finance Companies UDC Finance AA [Withheld under s9(2)(b)(ii) and s9(2)(ba)] Medical Securities A Equitable Mortgages BB PGG Wrightson Finance 1 Retail Liability Bank Rating (NZ$ millions) Centurian Finance 2 Retail Liability Bank Rating (NZ$ millions) I.O.O.F. Credit Union [Withheld under s9(2)(b)(ii) and s9(2)(ba)] Invercargill Licensing Trust Credit Union Manchester Unity Friendly Society Note that finance companies that are currently in receivership, in moratorium, or that have missed repayments to their depositors will not be eligible for the deposit guarantee scheme. 3