Document by the Treasury: Deposit Guarantee Scheme

Document by the Treasury: Deposit Guarantee Scheme

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 <BB/UR Southern Cross Building Society <BB/UR Nelson Building Society BB Hastings Building Society <BB/UR Wairarapa Building Society <BB/UR Heretaunga Building Society <BB/UR International Building Society <BB/UR 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 <BB/UR Marac Finance BBB Allied Nationwide <BB/UR F&P Finance <BB/UR Mascot Finance <BB/UR All Purpose Finance <BB/UR (Ashburton Finance) Asset Finance <BB/UR Avanti Finance <BB/UR (Bastion Finance) Broadlands Finance <BB/UR Business Finance <BB/UR 1 Retail Liability Bank Rating (NZ$ millions) Centurian Finance <BB/UR [Withheld under s9(2)(b)(ii) and s9(2)(ba)] Fairfield Finance <BB/UR Farmers Mutual Finance <BB/UR Finance Direct <BB/UR General Finance <BB/UR Gold Band Finance <BB/UR Evia Rural Finance <BB/UR Spiers Finance <BB/UR Structured Finance <BB/UR Motor Trade Finance <BB/UR Mutual Credit Finance <BB/UR Finance & Leasing <BB/UR FICO Finance <BB/UR Instant Finance NZ <BB/UR Mutual Finance <BB/UR NZ Finance <BB/UR Orange Finance <BB/UR Oxford Finance Corp <BB/UR Prometheus Finance <BB/UR Rifleman Finance Rockeforte Finance <BB/UR Savings & Investments Southland Finance Strata Finance Credit Unions Alliance Group Credit Union Aotearoa Credit Union AWHI Credit Union Carbine Credit Union Caxton Employees Credit Union Christchurch Emergency Services Credit Union Clerical & Industrial Credit Union Credit Union Auckland Credit Union Bay Health <BB/UR Credit Union Baywide Credit Union Central Credit Union Health Credit Union Lakeland Credit Union New Zealand Credit Union North <BB/UR Credit Union South <BB/UR Credit Union Taranaki Druids Friendly Society of Canterbury NZ Credit Union First Credit Union <BB/UR Fisher & Paykel Credit Union Harbour Board Staff Credit Union Hibernian Credit Union Hutt Valley Co-Op Credit Union 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 <BB/UR Marsden Point Refinery Credit Union New Zealand Association of Credit Unions NZ Employees Credit Union NZ Firefighters Credit Union Police & Families Credit Union <BB/UR Steelsands Credit Union Taranaki District Manchester Unity Credit Union TTP Credit Union United Credit Union Wellington District Manchester Unity <BB/UR Credit Union Westforce Credit Union Wilson & Horton Employees Credit Union Wine Country Credit Union <BB/UR 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 .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    3 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us