Reserve Bank Notices and Returns




1822

THE NEW ZEALAND GAZETTE

No. 61

Reserve Bank of New Zealand

Pursuant to section 33 of the Reserve Bank of New Zealand Act 1964, the Reserve Bank, acting with the approval of the Minister of Finance, hereby gives notice that as at the close of business on 18 October, 1965, and until further notice, balances to be maintained in the Reserve Bank by each trading bank shall be equal to an amount which, when added to that bank’s holdings of Reserve Bank notes as disclosed in that bank’s latest available weekly return of Banking Statistics under the Statistics Act 1955, will be not less than the aggregate of: 18 per cent of that bank’s demand deposits in New Zealand plus 3 per cent of that bank’s time deposits in New Zealand (excluding wool retention deposits) as shown in the last preceding monthly return furnished by that bank in accordance with section 31 of the Reserve Bank of New Zealand Act 1964.

The balances to be maintained as aforesaid shall be exclusive of any balance held by a trading bank in its wool retention or special fund account at the Reserve Bank.

G. WILSON, Governor.

Wellington, 14 October 1965.

Reserve Bank of New Zealand

Pursuant to section 33 of the Reserve Bank of New Zealand Act 1964, the Reserve Bank, acting with the approval of the Minister of Finance, hereby gives notice that as at the close of business on 20 October 1965, and until further notice, balances to be maintained in the Reserve Bank by each trading bank shall be equal to an amount which, when added to that bank’s holdings of Reserve Bank notes as disclosed in that bank’s latest available weekly return of Banking Statistics under the Statistics Act 1955, will be not less than the aggregate of: 22 per cent of that bank’s demand deposits in New Zealand plus 3 per cent of that bank’s time deposits in New Zealand (excluding wool retention deposits) as shown in the last preceding monthly return furnished by that bank in accordance with section 31 of the Reserve Bank of New Zealand Act 1964.

The balances to be maintained as aforesaid shall be exclusive of any balance held by a trading bank in its wool retention or special fund account at the Reserve Bank.

G. WILSON, Governor.

Wellington, 18 October 1965.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 29 SEPTEMBER 1965

In accordance with subsection (4) of section 31 of the Reserve Bank of New Zealand Act 1964

(All amounts in New Zealand Currency)

LIABILITIES†
(£N.Z. thousands)

Australia and New Zealand Bank Limited Bank of New South Wales Bank of New Zealand The Commercial Bank of Australia Limited The National Bank of New Zealand Limited Totals
1. Demand deposits in New Zealand.. £62,040 £38,577 £115,493 £22,373 £52,314 £290,797
2. Time deposits in New Zealand 15,926 12,785 17,426 4,262 9,833 *60,232
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 1,845 350 1,765 268 1,065 5,293
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds 1,614 224 10,324 49 7,258 19,469

ASSETS‡
(£N.Z. thousands)

Australia and New Zealand Bank Limited Bank of New South Wales Bank of New Zealand The Commercial Bank of Australia Limited The National Bank of New Zealand Limited Totals
1. Balances at Reserve Bank of New Zealand £10,139 £6,911 £12,062 £3,562 £7,632 £40,306
2. Reserve Bank of New Zealand notes 2,677 1,172 9,070 618 2,561 16,098
3. New Zealand coin 317 200 614 136 303 1,570
4. Assets elsewhere than in New Zealand held in respect of New Zealand business 3,240 6,585 7,320 1,794 2,622 21,561
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—
(a) Advances 50,498 26,881 92,658 15,144 44,686 229,867
(b) Discounts 2,798 1,232 2,121 676 1,331 8,158
6. Term loans in New Zealand (including special export finance) 1,621 919 3,117 404 1,651 7,712
7. Investments held in New Zealand—
(a) Government securities 5,366 2,163 14,913 1,164 5,571 29,177
(b) Other investments 95 .. 1,203 267 27 1,592
8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand) 3,001 3,810 4,430 2,718 3,146 17,105
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand 1,815 1,236 7,152 966 2,399 13,568
10. All other assets in New Zealand 354 189 .. .. 4 547

*Includes Wool Retention Accounts, £3,366.

Aggregate Unexercised Overdraft Authorities, £171,449.

†Excluding shareholders’ funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.

‡Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.

Wellington, N.Z., 12 October 1965.

R. N. FLEMING, Chief Cashier, Reserve Bank of New Zealand.

SUPPLEMENTARY BANK RETURN

STATEMENT OF THE AMOUNT OF LIABILITIES AND ASSETS OF THE LONG-TERM MORTGAGE DEPARTMENT OF THE BANK OF NEW ZEALAND AS AT 29 SEPTEMBER 1965

In Accordance with Section 32 of the Reserve Bank of New Zealand Act 1964

Liabilities

£
Capital 703,125
Debentures and debenture stock 750,000
Advances from Bank ..
Other liabilities ..
£1,453,125

Assets

£
Loans 1,131,238
Deposits with Bank 321,887
Other assets ..
£1,453,125

11 October 1965.

R. N. FLEMING, Chief Cashier, Reserve Bank of New Zealand.



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✨ LLM interpretation of page content

💰 Reserve Bank Notice: Trading Bank Balances - October 18

💰 Finance & Revenue
14 October 1965
Reserve Bank, Trading Banks, Balances, Demand Deposits, Time Deposits, Reserve Bank Act 1964
  • G. Wilson, Governor

💰 Reserve Bank Notice: Trading Bank Balances - October 20

💰 Finance & Revenue
18 October 1965
Reserve Bank, Trading Banks, Balances, Demand Deposits, Time Deposits, Reserve Bank Act 1964
  • G. Wilson, Governor

💰 Summary of Trading Banks' Monthly Returns

💰 Finance & Revenue
12 October 1965
Trading Banks, Liabilities, Assets, Deposits, Advances, Investments, Reserve Bank Act 1964
  • R. N. Fleming, Chief Cashier, Reserve Bank of New Zealand

💰 Supplementary Bank Return: Bank of New Zealand Long-Term Mortgage Department

💰 Finance & Revenue
11 October 1965
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Debentures, Loans, Reserve Bank Act 1964
  • R. N. Fleming, Chief Cashier, Reserve Bank of New Zealand