OECD Banking Statistics: Methodological Country Notes 2010

image of OECD Banking Statistics: Methodological Country Notes 2010

Trends in bank profitability and factors affecting it are major indicators of changes in the state of health of national banking systems. This publication complements Banking Statistics: Financial Statements of Banks 2010 which provides a unique tool for analysing developments in bank profitability in OECD countries. In addition to information on financial statements of banks in OECD countries, it includes data on the number of reporting banks, their branches and staff, structural information on the whole financial sector and ratios aiming at facilitating the analysis of bank profitability of OECD countries.

The methodological country notes included in this volume were prepared to facilitate the comprehension and the interpretation of the statistics and to provide a brief description of the activities of banks in each country.

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New Zealand

The statistics published in Tables 1 (income statement and balance sheet) and 3 (classification of assets and liabilities of banks) cover organisations registered as banks in New Zealand under the Reserve Bank of New Zealand Act 1989. A significant number of registered banks are branches of foreign banks. Values for branches of foreign banks included in the aggregate data are provided as memo items in Table A at the end of these notes. As at 31 December 2009, there were ten foreign bank branches, six locally-incorporated but overseas-owned banks, and three New Zealand-owned banks. A history of banks registered in New Zealand is available from the Reserve Bank of New Zealand (RBNZ) website ( www.rbnz.govt.nz/nzbanks ).

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