✨ 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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VUW Te Waharoa —
NZ Gazette 1965, No 78
NZLII —
NZ Gazette 1965, No 78
✨ LLM interpretation of page content
💰 Reserve Bank of New Zealand Trading Bank Balances Notice
💰 Finance & Revenue16 December 1965
Reserve Bank, Trading Banks, Balances, Deposits, Reserve Bank Act
- G. Wilson, Governor
- Minister of Finance
💰 Summary of Trading Banks' Monthly Returns (Liabilities and Assets)
💰 Finance & Revenue10 December 1965
Trading Banks, Monthly Returns, Liabilities, Assets, Demand Deposits, Time Deposits, Advances, Investments, Reserve Bank Act
- R. N. Fleming, Chief Cashier, Reserve Bank of New Zealand
💰 Long-Term Mortgage Department of Bank of New Zealand Returns
💰 Finance & Revenue14 December 1965
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Debentures, Loans
- R. N. Fleming, Chief Cashier, Reserve Bank of New Zealand