Bank of New Zealand established its first office in Singapore in 1973 and, after obtaining offshore banking status in 1981, opened up a regional branch.
We offer a range of financial services including:
Foreign currency term deposit accounts
Foreign currency call deposit accounts
Singapore dollar term deposits for foreigners with a minimum deposit of SGD 250,000
We are a long-established company and a prominent player in New Zealand’s banking industry. In October 2008, we launched our new brand and are known in New Zealand under the name BNZ.
BNZ is a reliable full-service bank, backed by a strong balance sheet. We offer customers a comprehensive range of services through our personal, business, institutional and corporate, and private banking units.
Key Highlights
One of a limited number of banks in the world holding a credit rating of AA or higher. Rated:
- AA by Standard & Poor's 1
- Aa2 by Moody's Investor Services1
Over 5000 staff and 180 branches
In excess of NZD 70 billion in total assets2
Operating under strict regulatory and operational controls to ensure the safety of our customers’ funds
A Standard & Poor’s rating and a Moody's rating is a statement of opinion and not a statement of fact or recommendation to purchase, hold, or sell any securities or make any other investment decisions. Ratings may be changed, suspended or withdrawn at any time or may be based on other circumstances.
Bank of New Zealand’s Banking Group total assets (unaudited) as at 30 June 2009.
Special Rates
New Zealand dollar Term Deposit
3.80
6 months
4.00
12 months
For deposits between NZD 100,000 and
NZD 499,999.
*Rate subject to change