Reserve Bank Notices and Returns




2346
THE NEW ZEALAND GAZETTE
No. 78

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 December 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: 25 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, 16 December 1965.


SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 24 NOVEMBER 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.. £ 63,399 £ 39,453 £ 116,622 £ 23,103 £ 52,750 £ 295,327
2. Time deposits in New Zealand 15,141 12,074 17,952 4,239 9,914 *59,320
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 2,485 331 1,570 209 523 5,118
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds 3,763 259 7,828 31 6,192 18,073

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 £ 12,017 £ 7,933 £ 13,299 £ 4,408 £ 8,882 £ 46,539
2. Reserve Bank of New Zealand notes 2,990 1,328 15,473 644 3,347 23,782
3. New Zealand coin 298 207 721 157 401 1,784
4. Assets elsewhere than in New Zealand held in respect of New Zealand business 2,999 7,718 5,040 972 2,061 18,790
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—
(a) Advances 49,001 25,518 87,971 16,088 41,014 219,592
(b) Discounts 3,256 1,226 2,295 780 1,385 8,942
6. Term loans in New Zealand (including special export finance) 2,001 925 3,266 396 1,701 8,289
7. Investments held in New Zealand—
(a) Government securities 5,366 1,264 15,870 1,164 5,722 29,386
(b) Other investments 95 .. 1,191 382 27 1,695
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) 3,314 4,215 4,759 2,039 3,473 17,800
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand 2,100 1,306 7,324 995 2,425 14,150
10. All other assets in New Zealand 312 184 .. .. 3 499

*Includes Wool Retention Accounts, £3,046.
Aggregate Unexercised Overdraft Authorities, £172,323.
†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., 10 December 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 24 NOVEMBER 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 1,121,061
Deposits with Bank 332,064
Other Assets ..
£1,453,125

14 December 1965.
R. N. FLEMING, Chief Cashier, Reserve Bank of New Zealand.



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💰 Finance & Revenue
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Reserve Bank, Trading Banks, Balances, Deposits, Reserve Bank Act
  • G. Wilson, Governor
  • Minister of Finance

💰 Summary of Trading Banks' Monthly Returns (Liabilities and Assets)

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