Banks are a very important component of a country’s economy, stimulating growth through the distribution of money, providing a secure storage location for both business and individual funds, and of course, employing thousands upon thousands of citizens to work in the bank (as you’ll see below).
Being a resource dedicated to providing anyone and everyone with information on banks in New Zealand, we’ve come to tick which are the biggest banks right up our alley. So we got to work.
Using a range of resources, including those from other areas of our locations (total branches and ATMs for example), along with generous financial (and legal) data provided by each of the New Zealand registered banks, we have been able to put together a guide The ultimate comparison of all banks and their size across a variety of metrics.
A few notes before we get started:
Financial statements – Any figures relating to financial results have been taken the bank’s most recent year-end disclosure statement. A large majority of banks report on year-end results in the second half of the year, meaning the figures you see below most relate to 2016. As such, there is a column that clearly states which period their figures relate to.
Total branches + ATMs – Totals were calculated using resources found on this site, as well as any ‘locater‘ tools available on the bank’s website. Speaking of branches – head here if you looking for one in particular.
Employees – Likely the most ambiguous number in the table. Unfortunately, there is simply no up-to-date information for this stat. Where figures have no been available either from LinkedIn, Wikipedia, or the bank itself, they have been estimated based on the number of branches.
NZD – To save space, all figures which show financial figures are in NZD $MILLIONS. For example, BNZ’s $85,536 total liabilities is $85.5 billion. whereas Citibank’s net profit of ($0.423) is a loss of $423,000.
Alright, now the formalities are out of the way – let’s get into it! Here are the largest banks in New Zealand, sorted alphabetically. Each column is sortable so feel free to play around a bit.