Broadcast United

Kiwibank prepares to step up competition with the big four banks and become more competitive

Broadcast United News Desk
Kiwibank prepares to step up competition with the big four banks and become more competitive

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The bank reported a record profit of $202 million, with loan growth broadly across all businesses.

Watch: Kiwibank CEO Steve Jurkovich in conversation with Jonathan Mitchell.

Kiwibank has posted another record profit and broad-based loan growth across its businesses as it heads into a new era wearing its “maverick challenger” badge.

Net profit for the year ended June 30 rose 15% to $202 million, compared with $175 million a year earlier.

The bank reported net loan growth

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