Main takeaway: Kiwibank makes further inroads against Aussie competitors with higher profit and tighter net interest margin in the six months ended December.
Kiwibank chief executive Steve Jurkovich is not content with its business banking performance and wants to see a meaningful shift as the economy recovers this year.
The New Zealand-owned bank said today that its net profit rose 12% to $103 million in the six months ended December, compared with the
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Key points
Revenue: up to $478m
Profit: up to $103m
Main takeaway: Kiwibank makes further inroads against Aussie competitors with higher profit and tighter net interest margin in the six months ended December.
