Financial Regulations and Banking Statistics




2436
THE NEW ZEALAND GAZETTE
No. 114

Wednesday in the month. For the purposes of this paragraph, the figures so recorded as at each Wednesday shall be the figures set out in the weekly return of banking statistics relating to the preceding Wednesday, supplied by the trading bank under the Statistics Act 1975.

(3) The average of a trading bank’s balances at the Reserve Bank shall be the average of the balances of that trading bank as at the close of business on each day of that calendar month, as recorded by the Reserve Bank after the settlement of all transactions which are recorded as having been effected on that day.

(4) The average of a trading bank’s holdings of New Zealand Government Securities for a calendar month shall be the average of the New Zealand Government Securities held by it on each day of that month, taking into account all transactions in New Zealand Government Securities with the Reserve Bank carried out for the purposes of settlement of the trading bank’s current account at the Reserve Bank which are recorded by the Reserve Bank as having taken place on that business day.

(5) For the purposes of this notice, the term “New Zealand Government Securities” shall mean Government Stock and Treasury Bills as these terms are defined in the Public Finance Act 1977 (all at nominal value), and any bonds, stock, or other securities issued by the Housing Corporation of New Zealand under section 30 of the Housing Corporation Act 1975 (all at nominal value), and any Government of Western Samoa stock issued and registered in New Zealand after the 1st day of August 1976 (at nominal value).

(6) The average demand and time deposit liabilities of a trading bank in a calendar month shall be the average of the figures for days within that calendar month, as shown in the trading bank’s weekly returns of Banking Statistics under the Statistics Act 1975.

(7) The proceeds of any borrowings made by a trading bank pursuant to the proviso to this notice shall be deemed to be a part of and be included in the balances held by that trading bank at the Reserve Bank on the last day of the preceding calendar month;

and the proceeds of any such borrowing shall not be included in the balances held by that trading bank at the Reserve Bank for any other calendar month.

S. T. RUSSELL, Governor.


SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 30 MAY 1984

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 Banking Group (New Zealand) Limited Bank of New Zealand The National Bank of New Zealand Limited Westpac Banking Corporation TOTALS
1. Demand deposits in New Zealand $ 579,960 $ 1,001,731 $ 415,781 $ 556,579 $ 2,554,051
2. (a) Time deposits in New Zealand 1,289,463 2,319,629 929,015 1,324,285 5,862,392
2. (b) Compensatory deposits 14,851 170,155 71,402 84,620 341,028
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 79,215 119,176 31,074 138,756 368,221
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds 244,608 83,573 30,076 12,588 370,845

ASSETS**
(N.Z.$ thousands)

Australia and New Zealand Banking Group (New Zealand) Limited Bank of New Zealand The National Bank of New Zealand Limited Westpac Banking Corporation TOTALS
1. Balances at Reserve Bank of New Zealand—
(a) Demand deposits 4 4 2 4 14
(b) Time deposits
2. Reserve Bank of New Zealand notes 16,074 26,943 8,712 9,037 60,766
3. New Zealand coin 1,179 3,028 1,458 1,471 7,136
4. Assets elsewhere than in New Zealand held in respect of New Zealand business 135,978 144,864 51,213 147,741 479,796
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—
(a) Advances 847,687 1,622,846 625,624 743,276 3,839,433
(b) Discounts 52,495 53,965 27,230 60,021 193,711
6. Term loans in New Zealand 689,563 1,079,264 458,704 639,418 2,866,949
7. Investments held in New Zealand—
(a) Government securities
(i) Treasury Bills 69,975 192,377 135,498 397,850
(ii) Government Stock 525,881 875,846 388,767 407,354 2,197,848
(b) Other Investments (including TCDs and Local Body Stock) 71,094 124,227 29,155 20,693 245,169
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) 47,562 28,580 733 6,155 83,030
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand 16,120 90,480 73,212 51,138 230,950
10. All other assets in New Zealand 1,934 - 18 17,027 18,979

Aggregate of Unexercised Overdraft Authorities and Term Loan Authorities in New Zealand $2,770,052.

*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., 26 June 1984.

A. A. SMITH, Acting Chief Economist, Reserve Bank of New Zealand.



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✨ LLM interpretation of page content

💰 Trading Bank Reserve Asset Ratio Notice (continued from previous page)

💰 Finance & Revenue
Reserve Bank of New Zealand Act 1964, Trading bank reserve asset ratio, Financial regulations
  • S. T. RUSSELL, Governor

💰 Summary of Trading Banks' Monthly Returns

💰 Finance & Revenue
26 June 1984
Banking statistics, Liabilities, Assets, Reserve Bank of New Zealand
  • A. A. SMITH, Acting Chief Economist, Reserve Bank of New Zealand