Westpac New Zealand
Westpac has been operating in New Zealand since 1861. Since 1 November 2006, Westpac has maintained 2 registered banks in New Zealand to meet Reserve Bank of New Zealand (RBNZ) policy:
- Westpac New Zealand Limited ('Westpac New Zealand') - A locally incorporated company, ultimately wholly owned by Westpac Banking Corporation. Westpac New Zealand comprises Westpac's consumer and business banking operations in New Zealand.
- Westpac Banking Corporation (NZ Division) ('NZ Branch') - A branch of Westpac Banking Corporation, comprised of Westpac's wholesale banking and financial markets business (trading as Westpac Institutional Bank).
Disclosure statements and operating structure
As Westpac operates two banks in New Zealand, it must produce two Disclosure Statements each quarter to meet the RBNZ's regulatory requirements:
- Westpac New Zealand's Disclosure Statements contain required information (including financial statements) for that bank and its subsidiaries.
- NZ Branch's Disclosure Statements require broader disclosure, namely information (including financial statements) for all of Westpac Banking Corporation's New Zealand operations. Financial statements specific to the operation of the NZ Branch are shown separately in the March and September quarter Disclosure Statements.
Disclosure Statements for Westpac New Zealand Limited (WNZL)
2012 WNZL DS
2011 WNZL DS
2010 WNZL GDS
2006 WNZL GDS
December 2006 (PDF 240kb)
The General Disclosure Statement for Westpac New Zealand for the three months ended 31 December 2006 inadvertently omitted one paragraph of the Westpac New Zealand conditions of registration. The full conditions of registration are set out in the:
Disclosure Statements for the New Zealand operations of Westpac Banking Corporation
2012 New Zealand DS
2011 New Zealand DS
2010 New Zealand GDS
2009 New Zealand GDS
31 December 2009 (PDF 565kb)
30 September 2009 (PDF 435kb)
30 June 2009 (PDF 154kb)
31 March 2009 (PDF 399kb)
2008 New Zealand GDS
31 December 2008 (PDF 193kb)
30 September 2008 (PDF 404kb)
30 June 2008 (PDF 192kb)
31 March 2008 (PDF 424kb)
2006 New Zealand GDS
31 December 2006 (PDF 220kb)
General Disclosure Statements (prior to local incorporation)
Please note: some images have been removed to reduce the file size of the above reports.