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ANZ National opts in to deposit guarantee scheme
Monday 13 October 2008
ANZ National opts in to
deposit guarantee scheme
Wellington, New Zealand: Graham Hodges, CEO of ANZ National said this afternoon that the bank, (incorporating ANZ and The National Bank) intends to opt-in to the deposit guarantee scheme announced by the Reserve Bank of New Zealand yesterday.
“ANZ
National is strong, well-capitalised and holds a AA credit
rating from Standard & Poor’s, putting it amongst the most
highly-rated banking groups in the world” said Mr Hodges.
“As Governor Bollard reiterated last week, the New
Zealand banking system is fundamentally sound” continues
Mr Hodges.
“However this guarantee scheme sends an
important signal to New Zealanders and we’re pleased to
offer this reassurance to our customers who are
understandably concerned by the impact of the global
uncertainty.”
ANZ National is working with the
Reserve Bank to implement the scheme.
ENDS
ANZ Bank New Zealand Limited
Get on top of your money
ANZ has been helping New Zealanders get on top of their money ever since we opened for business in 1840. We were New Zealand's first bank and today we have a large network of full-service branches and ATMs, and talented people across the country.
We're passionate about helping our customers make their money work harder and equipping them to make better financial decisions. Whether it's travelling the world, buying a home, building a business, investing for the future or protecting their family's future, we use our financial strength and expertise to help make it happen.
Through our sponsorships, our Staff Foundation and thousands of staff volunteer hours each year, we support causes that make a difference to New Zealanders.
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