✨ Banking Assets and Liabilities
19 JAN.
THE NEW ZEALAND GAZETTE
51
RESERVE BANK OF NEW ZEALAND
SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
21 DECEMBER 1955
(In accordance with section 46 of the Reserve Bank of New Zealand Act 1933)
(All Amounts in New Zealand Currency)
LIABILITIES
| Bank of New Zealand | Australia and New Zealand Bank Limited | Bank of New South Wales | National Bank of New Zealand Limited | Commercial Bank of Australia Limited | Totals | |
|---|---|---|---|---|---|---|
| (a) Demand liabilities in New Zealand | £ | £ | £ | £ | £ | £ |
| .. 98,225,834 | 52,087,271 | 31,060,211 | 43,230,997 | 16,446,479 | 241,050,792 | |
| (b) Time liabilities in New Zealand | 22,397,105 | 11,527,153 | 7,098,147 | 7,426,199 | 1,947,639 | 50,396,243 |
| (c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | .. | 1,290,465 | 1,485,633 | 373,488 | 3,535,916 | 252,026 |
| (d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | 287,164 | 256,421 | 280,863 | 246,369 | 73,388 | |
| (i) Notes of own issue in circulation payable in New Zealand | .. | .. | .. | .. | .. | .. |
| (m) New Zealand business excess of assets over liabilities | .. | .. | .. | .. | .. | 4,732,072 |
| Totals | .. | 126,932,640 | 65,356,478 | 38,812,709 | 54,439,481 | 18,719,532 |
ASSETS
| Bank of New Zealand | Australia and New Zealand Bank Limited | Bank of New South Wales | National Bank of New Zealand Limited | Commercial Bank of Australia Limited | Totals | |
|---|---|---|---|---|---|---|
| (e) Reserve balances held in the Reserve Bank of New Zealand | £ | £ | £ | £ | £ | £ |
| .. 23,496,087 | 12,566,833 | 7,646,819 | 11,702,093 | 4,157,263 | 59,569,095 | |
| (f) Overseas assets in respect of New Zealand business— | ||||||
| (1) In London | .. | 7,703,709 | 2,106,969 | 4,564,079 | 867,027 | 477,554 |
| (2) Elsewhere than in London | .. | 4,329,358 | 489,580 | 23,882 | 503,483 | 4,098 |
| (g) (1) Gold and gold bullion held in New Zealand | .. | .. | .. | .. | .. | .. |
| (2) Subsidiary coin held in New Zealand | .. | 500,417 | 190,611 | 128,299 | 271,619 | 74,634 |
| (h) Aggregate advances in New Zealand | .. | *66,226,013 | 39,822,012 | 21,673,852 | 32,443,561 | 9,663,614 |
| (h) Aggregate discounts in New Zealand | .. | 1,337,701 | 2,634,867 | 1,091,473 | 650,668 | 657,662 |
| (i) Reserve Bank of New Zealand notes | .. | 7,288,348 | 1,678,435 | 1,026,103 | 2,296,612 | 495,769 |
| (k) Securities held in New Zealand— | ||||||
| (1) Government | .. | 6,866,271 | 1,547,783 | 314,158 | 2,103,196 | 544,188 |
| (2) Other than Government | .. | 6,503,502 | 3,071,018 | 207,439 | 2,285,000 | 424,988 |
| (l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand | .. | 2,681,234 | 601,343 | 616,467 | 1,092,383 | 653,313 |
| (m) New Zealand business excess of liabilities over assets | .. | .. | 647,027 | 1,520,138 | 223,839 | 1,566,449 |
| Totals | .. | 126,932,640 | 65,356,478 | 38,812,709 | 54,439,481 | 18,719,532 |
- Includes transfers to Long-term Mortgage Department, £347,886.
(h h) Aggregate unexercised overdraft authorities, £95,759,784.
Wellington, N.Z., 12 January 1956.
F. G. GOOCH, Deputy Chief Cashier.
BANK RETURNS (SUPPLEMENTARY)
STATEMENT OF THE AMOUNT OF LIABILITIES AND ASSETS OF THE LONG-TERM MORTGAGE DEPARTMENT OF THE BANK OF NEW ZEALAND AS
AT 21 DECEMBER 1955
| Liabilities | £ | Assets | £ |
|---|---|---|---|
| Capital | .. | 703,125 | Loans |
| Debentures and debenture stock | .. | 750,000 | Transfers to Bank |
| Transfers from Bank | .. | 347,886 | Other assets |
| Other liabilities | .. | .. | .. |
£1,801,011
£1,801,011
12 January 1956.
F. G. GOOCH, Deputy Chief Cashier.
Reserve Bank of New Zealand
Pursuant to section 45 of the Reserve Bank of New Zealand Act 1933 (as amended by section 23 of the Reserve Bank of New Zealand Amendment Act 1936), the Governor of the Reserve Bank, acting with the authority of the Minister of Finance, hereby gives notice that as from 24 January 1956 the balance to be maintained in the Reserve Bank by each other bank for the time being carrying on business in New Zealand in accordance with the said section 45 shall be not less than the aggregate of 26 per centum of its demand liabilities in New Zealand, and 7½ per centum of its time liabilities in New Zealand, as shown in the last preceding monthly return furnished by that bank in accordance with section 46 of the Reserve Bank of New Zealand Act 1933.
Reserve Bank of New Zealand, Wellington, 18 January 1956.
E. C. FUSSELL, Governor of the Reserve Bank.
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VUW Te Waharoa —
NZ Gazette 1956, No 3
NZLII —
NZ Gazette 1956, No 3
✨ LLM interpretation of page content
💰 Summary of Trading Banks' Monthly Returns of Assets and Liabilities
💰 Finance & Revenue21 December 1955
Banking, financial statements, assets, liabilities, Reserve Bank, trading banks
- F. G. Gooch, Deputy Chief Cashier
💰 Statement of Liabilities and Assets of Long-Term Mortgage Department
💰 Finance & Revenue21 December 1955
Banking, mortgage department, financial statements, Bank of New Zealand
- F. G. Gooch, Deputy Chief Cashier
💰 Notice of Required Reserve Balances for Banks
💰 Finance & Revenue18 January 1956
Banking regulations, reserve requirements, Reserve Bank, demand liabilities, time liabilities
- E. C. Fussell, Governor of the Reserve Bank