Banking Disclosure Requirements




2430 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011

Schedule 2

Information to be included in key information summary

Contents

Page
1 Introductory statement for customers of registered bank 2430
2 Corporate information 2430
3 Credit rating 2430
3A Government guarantees 2431
3B No New Zealand government deposit guarantee 2431
4 Profitability 2431
5 Size 2432
6 Capital adequacy 2432
7 Asset quality 2432
8 Peak credit exposure concentrations 2433
9 Ranking of local creditors in liquidation 2433
10 Non-consolidated activities 2434
11 Financial statements of overseas bank and overseas banking group 2435
12 Statement about availability of general disclosure statement and supplemental disclosure statement 2435
13 Auditor’s report 2435

1 Introductory statement for customers of registered bank

The following statements:

"The purpose of this key information summary is to provide customers and potential customers with information about the financial condition of their bank.

The information contained in the key information summary is explained in the Reserve Bank publication Your bank’s disclosure statement: what’s in it for you? This publication can be obtained from the [Reserve Bank] [Reserve Bank and the [name of registered bank]]."

*Delete if not applicable

2 Corporate information

The following information:

(a) the name of the overseas bank and its country of domicile:

(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



Next Page →



Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 88





✨ LLM interpretation of page content

💰 Registered Bank Disclosure Statement Order 2011 (continued from previous page)

💰 Finance & Revenue
Financial regulation, Disclosure statements, Banking terms, Publication requirements, Reserve Bank