Westpac, Medical Securities, PGG Wrightson approved

Treasury has approved Westpac, Medical Securities and PGG Wrightson Finance for the Government's retail deposit guarantee scheme. ANZ National is now the only major bank not approved under the scheme. ANZ National applied earlier this week. * This article was first published yesterday in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.