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JPMorgan Chase Bank NA Registered As Bank In NZ


Reserve Bank Announces New Bank Registration

The Reserve Bank of New Zealand today announced that JPMorgan Chase Bank NA has been registered as a bank in New Zealand.

JPMorgan Chase Bank NA is incorporated in New York and will operate as a branch in New Zealand. The bank intends to operate entirely in the wholesale markets in New Zealand, and will not provide retail banking services.

There are now 17 registered banks in New Zealand, which are listed on the Reserve Bank's website

ENDS

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