ANZ Bank New Zealand says it will increase paid parental leave for its employees from 18 to 26 weeks from July 1 this year.
The change is two years ahead of the government's legislated changes in 2020.
CEO David Hisco said they want staff to feel supported.
"I'm a dad and remember those sleepless nights with my boys and wife Debs," Mr Hisco said.
"I know those first months are important – they grow and develop so quickly – so I want our staff to feel they can choose to spend time at home if they wish, with less financial strain."
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ANZ has about 8000 employees in New Zealand.
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