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List Of Banks In Oceania
This is a list of banks in Oceania Australia Central bank *Reserve Bank of Australia Major banks *ANZ Bank *Citibank Australia *Commonwealth Bank *HSBC Bank Australia *National Australia Bank *Suncorp *Westpac Local banks *BankSA * Bank of Melbourne *Bank of Queensland *Bankwest *Bendigo & Adelaide Bank *Community Bank * Elders Rural Bank *Macquarie Bank *ME Bank *St George Bank Defunct banks *State Bank of Victoria *State Bank of New South Wales * Advance Bank *Challenge Bank * Bank of Melbourne Fiji Central bank * Reserve Bank of Fiji Local banks *Bank of South Pacific *ANZ (Fiji) *HFC (Fiji) *Westpac (Fiji) *Bank of Baroda * BRED Bank (Fiji) New Zealand Central bank *Reserve Bank of New Zealand Local banks *ANZ Bank New Zealand *ASB Bank *Bank of New Zealand * Westpac New Zealand *Heartland Bank *Kiwibank *Rabobank New Zealand *SBS Bank * TSB Bank Foreign banks operating in New Zealand *Bank of Baroda *Bank of China *Bank of India *China Construction Bank *Citibank * ...
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Bank
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 ...
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St George Bank
St.George Bank is an Australian bank with its headquarters in Sydney. Since a 2008 merger, the bank has been part of Westpac, having previously been an independent legal entity. In 2010, St.George was deregistered as a company and ceased to be a standalone authorised deposit-taking institution. The bank provides services primarily in New South Wales, but with growing representation across a number of industry and business segments in Queensland and Western Australia, and in Victoria before the relaunch of the Bank of Melbourne brand in July 2011 (also another division of Westpac). St.George also operates in South Australia and the Northern Territory under its subsidiary BankSA. The bank has a large number of retail branches and ATMs across Australia, and some back office operations in Bangalore, India. History Origins The current bank is the result of the merger and/or acquisition of a number of building societies and banks. The St.George Co-operative Building Society Ltd ...
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ANZ Bank New Zealand
ANZ Bank New Zealand Limited (commonly referred to as ANZ) is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003. The banks operated as separate brands until 2012, when they were unified under the ANZ brand. The company was renamed ANZ Bank New Zealand in 2012, following the withdrawal of the National Bank brand. ANZ provides a number of financial services, including banking services, asset finance, investments and payment services. History 19th century In 1840, Union Bank of Australia (UBA), a British bank with head office in London, agreed with the New Zealand Company to accompany settlers to New Zealand to provide them with banking servi ...
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Reserve Bank Of New Zealand
The Reserve Bank of New Zealand (RBNZ, mi, Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. The governor of the Reserve Bank is responsible for New Zealand's currency and operating monetary policy. The Bank's current Governor is Adrian Orr. Employees of the bank operate under the framework of a managerial hierarchy. The Reserve Bank of New Zealand does not offer financial services to the public nor does it offer deposit insurance, and its website refers people to other financial institutions. Ownership The Reserve Bank has been wholly owned by the New Zealand Government since 1936. The Reserve Bank is established by an Act of Parliament (the Reserve Bank of New Zealand Act 1989) and it has statutory independence. The Reserve Bank is accountable to Parliament and provides an annual dividend to the Government. Monetary policy Primary Functions The Reserve Bank's primary functi ...
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Bank Of Baroda
Bank of Baroda (BOB or BoB) is an Indian public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices. Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list. The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda, in Gujarat. The Government of India nationalized the Bank of Baroda, along with 13 other major commercial banks of India, on 19 July 1969 and the bank was designated as a profit-making public sector undertaking (PSU). History In 1908, Sayajirao Gaekwad III, set up the Bank of Baroda (BoB), with other stalwarts of industry such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi. Two years later, BoB established its first branch in Ahmedabad. The bank grew domestically ...
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Westpac (Fiji)
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward Smith Hall was its first cashier and secretary. During the 19th and early 20th century, BNSW opened branches first throughout Australia and Oceania: at Moreton Bay (Brisbane) in 1850; in Victoria in 1851; in New Zealand in 1861; in South Australia in 1877; in Western Australia in ...
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HFC (Fiji)
HFC may stand for: Chemicals * Hafnium carbide * Hydrofluorocarbons Financial institutions *HFC Bank, part of HSBC Finance *Home Finance Company, known in Ghana as "HFC Bank" Places *Hall for Cornwall, a theatre in Cornwall, UK *Heng Fa Chuen, a town located on the Eastern part of Hong Kong Island, Hong Kong ** Heng Fa Chuen station; MTR station code HFC Sports *Hyderabad FC, an Indian professional football club *Hallescher FC, a German Football club * Haughmond F.C., an English semi-professional football club *Hawthorn Football Club, an Australian rules football club *Heart of Midlothian F.C. ("Hearts"), a Scottish association football club *Heidelberg Football Club, an Australian rules football club * Hendon F.C., an English football club * Hereford F.C., an English football club * Hibernian F.C., a Scottish association football club * Histon F.C., an English association football club * Horsham F.C., an English football club *Hull FC, a British rugby league football club *Hyde ...
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ANZ (Fiji)
ANZ Fiji is the largest bank in Fiji and has about a 40% market share. ANZ Fiji currently operates 13 branches country-wide. History ANZ Fiji traces its presence in Fiji back to 1873 through an acquisition. Investors from Auckland established the Fiji Banking and Commercial Trading Company Limited in 1873. However, the bank's owners sold it in 1876 to the Bank of New Zealand ( BNZ); ANZ Group acquired BNZ’s operations in 1990 after 114 years of Bank of New Zealand ownership. ANZ’s own entry into the Pacific region dates back to 16 December 1880 when the Union Bank of Australia (est.1837) opened a branch in the old capital of Fiji, Levuka. However, the bank closed the branch in 1895. In 1951, Union Bank’s successor, ANZ, returned to Fiji with a representative office that it upgraded to a branch. In 1985, ANZ acquired Barclays Bank’s operations, which Barclays had established in 1973. In 2001, ANZ bought Bank of Hawaii The Bank of Hawaii Corporation ( haw, Panak ...
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Bank Of South Pacific
Bank South Pacific (or BSP) is the largest bank in Papua New Guinea, with 35 branches throughout the country and in 6 countries. BSP currently services over 650,000 business banking customers throughout the Pacific. As at 31 December 2014, BSP had total assets valued at K15.8 billion. Bank South Pacific is listed on the Port Moresby Stock Exchange and, as of 25 May 2021, the Australian Stock Exchange. History BSP traces its history to 1 May 1957 when the National Bank of Australasia established a branch in Port Moresby. As independence approached for Papua New Guinea (PNG), the incoming government made known its desire that all banks in PNG be locally incorporated, rather than branches of a foreign parent. Bank of Papua New Guinea, the country's central bank, was established in 1973. The National Australia Bank (NAB) incorporated its operations in PNG in 1974. Then the government encouraged the bank to sell equity to local citizens. BSP conducted public offerings in 1980 and 198 ...
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Reserve Bank Of Fiji
The Reserve Bank of Fiji (RBF) is the central bank of the Pacific island country of Fiji. The responsibilities of the RBF include issue of currency, control of money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development. The Bank is the only institution that is permitted to issue Fijian dollars and put them into circulation. It is also responsible for setting the overnight policy rate, the main policy or bank rate for Fiji. History In 1914 the then colonial Government establishing the Currency Board with the sole right to issue notes and coins in the then Colony of Fiji. After independence from Britain in 1970, a new institution was created in 1973, the ''Central Monetary Authority'' (CMA) which took over the issuing of currency and also took on an expanded remit. The CMA was tasked with regulating the issue of currency and the supply, availability and international exchange of money; promoting monetary stability; pro ...
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Bank Of Melbourne (1989)
The Bank of Melbourne is a financial institution based in Melbourne, Australia, established in 1989 and taken over by the Westpac Banking Corporation (Westpac) in 1997. In 2004, Westpac rebranded the Bank of Melbourne branches as Westpac branches. In 2011, Westpac resurrected the brand after rebranding its purchase of Bank of St George in Melbourne specifically and possibly in response to its initial closing of the brand. History The Bank of Melbourne was established in July 1989, following the granting of a banking licence to the RESI Statewide Building Society, with a listing on the Australian Securities Exchange following on 13 July 1989. The first chairman of the bank was Christopher Stewart, who chose Australian actor Jack Thompson to head the bank's TV advertising campaign, which ran for a decade. The bank focused operations on retail banking, with a branch network and operations focused on the state of Victoria. As a former building society, the bank was also heavily invo ...
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