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Countrywide Bank (New Zealand)
Countrywide Banking Corporation limited was a retail bank operating throughout New Zealand until 1998 when it was acquired by the National Bank of New Zealand. It was created from Countrywide Building Society, which itself emerged from the original Auckland Co-operative Terminating Building Society created in March 1897. History Countrywide Bank registered as a bank in 1987 during a period of significant regulatory change in the New Zealand banking system. At the time of registration the bank's two major shareholders were Bank of Scotland, a large Scottish bank headquartered in Edinburgh, and General Accident, a major general insurer headquartered in Perth, Scotland. The bank was listed on the New Zealand Stock Exchange. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Bank
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of New Zealand
The National Bank of New Zealand Limited (NBNZ), often referred to as The National Bank, was one of New Zealand's largest banks. Throughout much of its history, the National Bank provided commercial banking services to mainly major industrial and rural as well as some personal customers. UK-based Lloyds Bank became the sole owner of the bank in 1966 and National Bank adopted the Lloyds Bank black horse as its logo. Lloyds TSB, as it then was, sold the bank to Australian ANZ Bank in 2003, at which time it became part of ANZ National Bank Limited, the New Zealand subsidiary of Australia and New Zealand Banking Group but for customers retained a separate corporate identity until rebranding as ANZ began in September 2012. ANZ announced they would adopt National's technology system and the majority of its products. There is no longer a corporate identity named National Bank of New Zealand. Its business has been subsumed within ANZ Bank. History The successful flotation of the Nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Scotland
The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the Kingdom of Scotland. With a history dating to the end of the 17th century, it is the fifth-oldest extant bank in the United Kingdom (the Bank of England having been established one year earlier), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes, and it continues to print its own sterling banknotes under legal arrangements that allow Scottish banks to issue currency. In June 2006, the HBOS Group Reorganisation Act 2006 was passed by the Parliament of the United Kingdom, allowing the bank' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Accident
General Accident plc was a large insurance business based in Perth, Scotland, Perth, Scotland. It merged with Commercial Union in 1998 to form CGU plc. History The Norie-Miller years The Employers' liability act of 1880 opened a new area of insurance and one of the many companies formed to serve that market was formed in Perth, Scotland in 1885. The General Accident and Employers’ Liability Assurance Association was launched by local businessmen with a capital of only £5,000 and its main object was to provide local farmers and others with accident insurance. Its first policy was written in March 1886 and at its opening AGM it reported premium income of £2,700. What happened then was to radically change the future of the insurer, with the appointment of the 27-year-old Francis Norie-Miller as Secretary and manager. Norie-Miller had previously been the Assistant Manager of Mercantile Accident of Glasgow. His reign spanned over half a century, remaining as managing director un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Stock Exchange
New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. On 30 August 2020, the NZX had a total of 184 listed securities with a combined market value of 184.87 billion. The main trading board is typically open from 10am to 4:45pm. History NZX began life as a number of regional stock exchanges during the gold rush of the 1860s. The first brokers’ association was started in Dunedin in 1867, then in Otago in 1868, Auckland in 1872, Wellington in 1882. The Dunedin Brokers’ Association became a stock exchange in 1893, then Christchurch gained an exchange in 1900. Auckland, Christchurch, Dunedin, Thames and Wellington formed the Stock Association of New Zealand in 1915, joined by Taranaki in 1916, Invercargill in 1920 and Gisborne in 1922. The Stock Association of New Zealand set up a sub-committee to investigate setting up a national s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massey University
Massey University ( mi, Te Kunenga ki Pūrehuroa) is a university based in Palmerston North, New Zealand, with significant campuses in Albany and Wellington. Massey University has approximately 30,883 students, 13,796 of whom are extramural or distance-learning students, making it New Zealand's second largest university when not counting international students. Research is undertaken on all three campuses, and more than 3,000 international students from over 100 countries study at the university. Massey University is the only university in New Zealand offering degrees in aviation, dispute resolution, veterinary medicine, and nanoscience. Massey's veterinary school is accredited by the American Veterinary Medical Association and is recognised in the United States, Australia, Canada, and Britain. Massey's agriculture programme is the highest-ranked in New Zealand, and 19th in Quacquarelli Symonds' (QS) world university subject rankings. Massey's Bachelor of Aviation (Air Transp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Building Society
United Building Society was a New Zealand building society, that became registered retail bank known as United Banking Group. It was acquired by the State Bank of South Australia in 1990, which sold the bank to the Countrywide Bank in 1992 after the State Bank of S.A. had made significant losses. The United Bank was merged with other Countrywide operations, and the name was dropped in 1994. History United Building Society was formed from merging or purchasing the operations of a number of smaller building societies including: * Canterbury Premier Building Society * Canterbury Terminating Building Society and Bank of Deposit Building Society * Bay of Plenty Co-operative Terminating Building Society * Bay of Plenty Permanent Building Society * Canterbury Building Building Society * Eastern Co-operative Terminating Building Society * General Co-operative Terminating Building Society * Hawkes Bay Mutual Permanent Building Society also known as Hawkes Bay Permanent Building Society ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of South Australia
The State Bank of South Australia was a bank created in 1896 and owned by the Government of South Australia. The bank became the subject of a two-year South Australian Royal Commission upon collapse in 1991. The surviving part of the bank now exists as BankSA. History Early history The State Bank of South Australia was founded in 1896 as the outcome of an Act of Parliament, The Advances Bill, which provided for setting up of the Bank which could benefit the State's primary producers and other industries by providing loans guaranteed by the Government at preferential conditions. A Bill based on a failed Victorian proposal was introduced by the Kingston-Holder government in 1894 but lapsed, then revived with clarifications by Frederick Holder (later Sir Frederick) in 1895. The Bill passed both houses of parliament in December 1895, and five Trustees were appointed: H. M. Addison (Chairman), J. B. Spence, J. A. Johnson, S. Stanton and G. Inglis. :Addison resigned 1897 after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds Bank is the largest retail bank in Great Britain, Britain, and has an extensive network of branches and Automated teller machine, ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of New Zealand
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1987
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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