✨ 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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VUW Te Waharoa —
NZ Gazette 1984, No 114
NZLII —
NZ Gazette 1984, No 114
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Trading Bank Reserve Asset Ratio Notice
(continued from previous page)
💰 Finance & RevenueReserve Bank of New Zealand Act 1964, Trading bank reserve asset ratio, Financial regulations
- S. T. RUSSELL, Governor
💰 Summary of Trading Banks' Monthly Returns
💰 Finance & Revenue26 June 1984
Banking statistics, Liabilities, Assets, Reserve Bank of New Zealand
- A. A. SMITH, Acting Chief Economist, Reserve Bank of New Zealand