✨ Banking Disclosure Requirements
1072 NEW ZEALAND GAZETTE, No. 40 27 FEBRUARY 2008
(b) if applicable, the name of any person that is the ultimate
parent bank of the overseas bank and its country of
domicile:
(c) if applicable, the name of any person that is the ultimate
holding company of the overseas bank and its country
of domicile.
3
Credit rating
If the registered bank is required, by a notice given to it under
section 80 of the Act, to obtain or maintain a rating of its
creditworthiness or financial condition by a person nominated
or approved by the Reserve Bank, with respect to each rating
obtained or maintained by the registered bank that complies
with the notice given under section 80 of the Act, the following
information:
(a) the name of the person who gave the rating:
(b) the type of rating:
(c) the current rating and all qualifications to that rating:
(d) any change made to the rating in the 2 years
immediately before the balance date and the date on
which the change occurred.
4
Profitability
The following information:
(a) the net profit or loss after tax in respect of—
(i) the overseas banking group for the most recent
period for which the information is publicly
available, specifying the period and end date to
which this information applies; and
(ii) the banking group over the interim accounting
period or accounting period, specifying the
period and end date to which this information
applies:
(b) the net profit or loss after tax over the previous 12
month period, expressed as a percentage of the average
of total assets, in respect of—
(i) the overseas banking group and the end date of
the most recent period for which the information
is publicly available; and
(ii) the banking group and the balance date of the
interim accounting period or accounting period
(as applicable).
5
Size
The following information:
(a) total assets of the overseas banking group as at the most
recent date for which the information is publicly
available and the percentage change in total assets over
the 12 months ending on that date:
(b) total assets of the banking group and the percentage
change in total assets over the 12 months ending on
the current balance date.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 40
Gazette.govt.nz —
NZ Gazette 2008, No 40
✨ LLM interpretation of page content
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Schedule 2: Key Information Summary for Registered Bank Customers
(continued from previous page)
💰 Finance & RevenueBanking, Key Information Summary, Disclosure Requirements, Financial Condition