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A $500 million capital injection would boost Kiwibank’s balance sheet, giving it a clearer runway to grow for several years and ultimately compete with big Australian-owned banks, its chief executive ...
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Kiwibank facing criminal charges following issues that caused over $7m in overchargesKiwibank is facing criminal charges filed by the Commerce Commission that allege systemic breaches of the Fair Trading Act that caused millions in overcharges. The breaches relate to issues that ...
However, he said Kiwibank had been increasing lending at double the rate of other banks and deposits grew 1.6 times faster. "This growth underscores our commitment to driving competition that ...
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All ...
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually ...
A $500 million funding boost for Kiwibank must come with checks and balances to ensure it doesn’t chase growth on risky loans the big four banks ...
State-owned Kiwibank needs capital to thrive and take on a larger role in the sector, but it is urging government to take a pause on any public listing until it has successfully completed its digital ...
Another bank has dropped one of its home loan rates below 5 percent. On Monday, ANZ cut a number of its fixed home loan rates ...
ASB is the latest bank to bring its one-year fixed home loan below 5 percent. In recent days, ANZ, Kiwibank, BNZ and Westpac ...
Kiwibank is making changes to its Home Lending fixed rates, effective Monday 7 April. 4.99% p.a. fixed for two years. Min 20% equity. Scoop is free for personal use, but you’ll need a licence ...
Kiwibank is adjusting its home loan and business lending rates in response to today’s OCR changes. Further details are available below. Variable business lending rates will decrease by 0.25%.
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