Company type | State owned enterprise |
---|---|
Predecessor | New Zealand Post Office |
Founded | 24 February 1987 (foundations set in 1867) |
Defunct | 1989 |
Fate | Acquired by ANZ |
Headquarters | New Zealand |
Products | Postal banking |
Post Office Savings Bank, or very briefly PostBank (trading name of Post Office Bank Limited), was a bank owned by the New Zealand Government as the government's postal savings system. The bank was established in 1867. It became PostBank in 1987 and was disestablished and the branches were rebranded when it was acquired by Australia and New Zealand Banking Group (ANZ) in 1989.