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.[1] 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 Thomas Gore Browne, former Speaker Charles Clifford and former Wellington Provincial Superintendent Isaac Featherston. Another board member was Edward Brodie Hoare of Barnetts, Hoares, Hanbury and Lloyd, Bankers.[2]