New Zealand Gazette – 2008 – No. 40

Page 1117

✨ Bank Disclosure Requirements



27 FEBRUARY 2008

NEW ZEALAND GAZETTE, No. 40

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 off-quarter 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 first quarter accounting period or third quarter accounting period (as applicable), 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 off-quarter balance date of the first quarter accounting period or third quarter 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 off-quarter balance date.

6

Capital adequacy
The most recent publicly available information on the capital adequacy of the overseas bank and overseas banking group, including the following information:

(a) tier one capital ratio, and the minimum percentage of this ratio required by the appropriate banking supervisory authority in the overseas bank’s country of domicile:

(b) total capital ratio, and the minimum percentage of this ratio required by the appropriate banking supervisory authority in the overseas bank’s country of domicile.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 40


Gazette.govt.nz — PDF NZ Gazette 2008, No 40




✨ LLM interpretation of page content

💰 Schedule of key information summary requirements for registered banks (continued from previous page)

💰 Finance & Revenue
Bank Disclosure, Financial Information, Credit Rating, Capital Adequacy, Asset Quality, Profitability, Size