Kiwibank gets more capital to grow mortgage business

Tuesday, August 1st 2023, 11:46AM

The government has decided to inject a further $225 million of capital into Kiwibank via its wholly-owned holding company Kiwi Group Capital (KGC).  [READ ON]

Kiwibank chief executive Steve Jurkovich says the $225 million injection means his bank is no longer the least well-capitalised bank in New Zealand. [What He Said]

 

Tags: Kiwibank

« ANZ Bank says interest rate rises end tailwindOCR could remain high in 2025 »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved