TSB (New Zealand)
Retail bank in New Zealand / From Wikipedia, the free encyclopedia
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TSB Bank Ltd (originally known as the Taranaki Savings Bank) trading as TSB, is a New Zealand bank with headquarters in New Plymouth. It has 25 branches across the country but is heavily focused on the Taranaki region where 12 of its branches are located. As of June 2022, it was the seventh largest bank in New Zealand, with a market share in terms of assets of 1.4%.[1]
Company type | Trustee bank |
---|---|
Founded | 28 September 1850 |
Headquarters | New Plymouth, New Zealand |
Key people | Donna Cooper, CEO |
Products | Banking and financial services |
Website | www |
It provides retail banking and related financial services to individuals and companies. It was originally one of twelve trustee banks in New Zealand, but when nine banks decided to amalgamate as Trust Bank, TSB Bank stood aside and remained an independent institution and has since expanded its business across the country. The bank is owned by the Toi Foundation (formerly the TSB Community Trust) which distributes the income it receives from the bank back into the New Zealand community.
TSB also operates TSB Foreign Exchange from 14 branches around the country.[citation needed]