New Zealand has a very efficient and well governed banking system hence an attractive option for both the locals and the foreign investors. This is because the country has a strong economy and the people are very financially discerning thus leading to many banks to choose from. In this article, we are going to discuss the top 10 banks in New Zealand and the key features, services and customer satisfaction ratings of each bank.
### 1. ANZ Bank
ANZ Bank is one of the biggest banks in New Zealand and offers a number of banking and financial products and services. It is also involved in both consumer and business banking and is known for its product innovations that suit the needs of the customer. ANZ also has many branches and ATMs all over New Zealand to cater for the needs of its customers.
**Key Features:**
– A wide range of financial products and services.
– Both personal and business banking.
– Many branches and ATMs.
### 2. ASB Bank
ASB Bank takes an customer-centered approach and offers new and unique ways of digital banking. The bank offers its services in two main product lines: personal and business banking as well as wealth management. It has received many awards for its customer service and is also very environmentally friendly.
### Key Features:
– Customer First Strategy.
– New and innovative ways to digital banking.
– Many products and services.
– Environmental responsibility.
### 3. BNZ Bank
BNZ is one of the biggest banks in New Zealand and is also called the Bank of New Zealand. It offers a wide range of products and services such as personal banking, business banking and wealth management. It has received a good acclamation for its customer oriented approach and the quality of its services.
### Key Features:
– Many financial services.
– Focus on customer care.
– Well-known for providing quality services to customers.
### 4. Westpac Bank
Westpac is one of the biggest banks in New Zealand and provides a number of banking and financial services. In the consumer and business market as well as wealth management, Westpac is a leading provider that has emerged due to its innovation and has received several awards for its digital banking services.
### Key Features:
– Numerous products and services.
– Active presence in the consumer and business banking.
– Inclination towards innovation.
### 5. Kiwibank
Kiwibank is a New Zealand owned bank that was established to meet the needs of the people of New Zealand. It offers products and services such as personal banking, business banking and home lending; and has attractive interest rates and support for small businesses in the country.
### Key Features:
– Local banking services.
– Many financial products.
– High interest rates.
– Backs local businesses.