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Institution

Reserve Bank of New Zealand

Central Banks and Monetary Authorities

The Reserve Bank of New Zealand, known in Maori as Te Putea Matua, was established on August 1, 1934 under the Reserve Bank of New Zealand Act 1933 and is headquartered in Wellington. It manages New Zealand's currency and monetary policy, issuing the New Zealand dollar, setting the Official Cash Rate to control inflation, and carrying out prudential regulation of the country's banks and insurers. The bank operates as a state-owned entity with statutory independence from the government under the Reserve Bank of New Zealand Act 2021, paying an annual dividend to the Crown while remaining accountable to Parliament.

Facts
Founding Year
1934 1
Founding Date
1934-08-01 1
Headquarters
Wellington, New Zealand 1
Geography
Country or Jurisdiction Served
New Zealand 2
Wikidata Q1494550, property P17 (country).
Classification
Institution Subtype
Central Bank 1
Connections

Member Of

Bank for International Settlements, Institutions

Reserve Bank of New Zealand is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.

Source Wikipedia
In the Other Atlases
Sources
1. Wikipedia
Wikimedia Foundation
  • Reserve Bank of New Zealand
    It was established in 1934 and is currently constituted under the Reserve Bank of New Zealand Act 2021.
  • Introduction, institution-subtype
    The Reserve Bank of New Zealand, known in Maori as Te Putea Matua, was established on August 1, 1934 under the Reserve Bank of New Zealand Act 1933 and is headquartered in Wellington.
  • Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
    The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
View the Source
2. Wikidata
Wikimedia Foundation
Wikidata: Reserve Bank of New Zealand
Wikidata Q1494550, class allow-list match (w-wdresolver-0926)View the Source
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