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BNZ Rakaia
Bank of New Zealand (BNZ) is one of New Zealand's big four banks. It has been operating since October 1861, and since 1992 has been owned by National Australia Bank (NAB), retaining local governance with a New Zealand board of directors. The bank operates a variety of financial services covering retail, business, and institutional banking. The ''Bank of New Zealand in Australia'' (''BNZA'') is a former entity, now owned by NAB. History The Bank of New Zealand was formed as a private company and incorporated by the New Zealand Bank Act 1861, which created the company and authorises it to issue banknotes. The Bank of New Zealand's first office opened in Auckland in October 1861, followed shortly afterwards by the first branch in Dunedin in December 1861. In 1862, branches opened in Wellington, Christchurch, and London. The bank gained the banking account of the New Zealand Government from the Union Bank of Australia, and became an agent to raise debt in the United Kingdom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Watson (journalist)
William, Willie, Bill or Billy Watson may refer to: Arts * William Watson (songwriter) (1794–1840), English concert hall singer and songwriter * William Watson (poet) (1858–1935), English poet * William J. Watson , William J. Watson (author) (1865-1948), Scottish toponymist * Billy Watson (actor) (1923–2022), American actor * William Watson (writer) (1930–2005), also known as Bill Watson, Scottish writer * William C. Watson (1938–1997), American actor * Willie Watson (musician) (born 1979), American folk musician Military * William H. Watson (1815–1846), Mexican–American War soldier from Maryland, U.S. * William Watson (sergeant) (1826–1906), in the Confederate States Army * William Watson (surgeon) (1837–1879), in Pennsylvania Volunteers during the American Civil War * William Thornton Watson (1887–1961), New Zealand officer in the Australian Imperial Force * William E. Watson, military historian Politics * William Watson (16th century MP), MP for the City of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jim Bolger
James Brendan Bolger ( ; born 31 May 1935) is a New Zealand retired politician of the National Party who was the 35th prime minister of New Zealand, serving from 1990 to 1997. Bolger was born in Ōpunake, Taranaki, to Irish immigrants. Before entering politics, he farmed in Waikato, and was involved in Federated Farmers – a nationwide agricultural association. Bolger won election to Parliament in 1972, and subsequently served in several portfolios in the Third National Government. Following one unsuccessful bid for the party leadership in 1984, Bolger was elected as National Party leader in 1986. He served as Leader of the Opposition from 1986 to 1990. Bolger led the National Party to a landslide victory—the largest in its history—in the , allowing him to become prime minister on 2 November 1990. The Fourth National Government was elected on the promise of delivering a "Decent Society" following the previous Labour government's economic reforms, known as " Roger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EFTPOS
Electronic funds transfer at point of sale, abbreviated as EFTPOS (), is a type of payment transaction in which electronic funds transfers (EFT) are processed at a point of sale (POS) system or payment terminal usually via payment methods such as payment cards (debit cards, credit cards or gift cards). EFTPOS technology was developed during the 1980s. As a payment network In Australia and New Zealand, EFTPOS is also the brand name for the interbank electronic payment system network used for facilitating eftpos types of payments. Other countries use different brand names for their EFTPOS systems, such as NETS in Singapore, Interlink in the United States or Link in the UK. Since the early 2010s, country specific EFTPOS systems have been overtaken by global EMV based systems with contactless payments or QR code payment systems. The payment cards used by EFTPOS systems are plastic cards complying with ISO/IEC 7810 ID-1 standard that have a bank card number conforming ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNZ Centre
The Aon Centre is a commercial office building at 1 Willis Street in Wellington, New Zealand, formerly named the BNZ Centre then the State Insurance Building. When completed in 1984, it was the tallest building in New Zealand, overtaking the 87m Quay Tower in Auckland. It is notable for its strong, square, black form, in late International style (architecture), International Style modernism, and for a trade dispute which delayed the construction by a decade. It remained the tallest building in New Zealand until 1986, when the 106 meter BNZ Tower opened in Auckland, and is currently the second tallest building in Wellington after the Majestic Centre. History The building was designed by Stephenson and Turner, Stephenson & Turner Architects in the late 1960s. BNZ (Bank of New Zealand) began purchasing land for the building in 1969. Approval to build was granted by the Town Planning Committee on 14 June 1972, after the building codes were rewritten to allow the development "out of c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Card
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VISA (credit Card)
Visa Inc. () is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa does not issue cards, extend credit, or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through SpringerLink. In response to competitor Master Charge (now Mastercard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of New Zealand
The National Bank of New Zealand Limited (NBNZ), often referred to as The National Bank, was one of New Zealand's largest banks. Throughout much of its history, the National Bank provided commercial banking services to mainly major industrial and rural as well as some personal customers. In 1966, Lloyds Bank became the sole owner. In 2003 Lloyds sold the bank to the Australia & New Zealand Banking Group. The brand was retired in September 2012. History The successful flotation of the National Bank of New Zealand in London was announced in October 1872. It was to be a New Zealand bank and would begin by buying and expanding the operations of Dunedin's Bank of Otago. The new bank had been incorporated in London by a group of people including a number of high-profile former New Zealand residents, among them former Governor of New Zealand, Governor Thomas Gore Browne, former Speaker of the New Zealand House of Representatives, Speaker Sir Charles Clifford, 1st Baronet, Charles C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Databank Systems Ltd
Databank Systems Limited was the name of a not-for-profit "off balance sheet" company set up by a consortium of competing banks in New Zealand, to operate on what is nowadays termed a "Shared services Agency" basis, to provide computing resources (development and operational) for the consortium members. The company was set up in 1967, and in 12 years grew to be the largest non-Government data processing organisation in the Southern Hemisphere, servicing more than 1,200 banking offices. Purpose The purpose of Databank was defined within a set of contractual obligations in the ''1969 Processing Agreement''. The Agreement was between the consortium members, and was essentially about the services and service levels to be provided by Databank, and the constraints that would exist to ensure that lead bank ownership of any new application/system, and bank competitiveness, were maintained. History The formation of Databank came at a time when computer systems were a scarce and expensiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IBM 360/30
The IBM System/360 Model 30 was a low-end member of the IBM System/360 family. It was announced on April 7, 1964, shipped in 1965, and withdrawn on October 7, 1977. The Model 30 was designed by IBM's General Systems Division in Endicott, New York, and manufactured in Endicott and other IBM manufacturing sites outside of U.S. History The Model 30 was a popular IBM mainframe which was announced in 1964 as the least powerful of the System/360s.The less powerful Model 20, offered only partial compatibility with the rest of the System/360 line. The System/360 series was the first line of computers in the world to allow machine language programs to be written that could be used across a broad range of compatible machines of different sizes. It was the smallest model that had the full System/360 instruction set (unlike the Model 20) and served as a stand-alone system, communications system or as a satellite processor of a larger system. The first delivery of the 360/30 was in June 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalise
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
