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Politics
7 mins to read

Maverick or not, Kiwibank intends to be competitive

OIA documents reveal officials briefed senior Government ministers about Kiwibank’s role in the banking sector in May.

Kiwibank posted a record profit of $202 million in the year ended June.

A briefing to senior Government ministers described Kiwibank’s intention to be a “competitive alternative” rather than a maverick “disruptor”.

Official Information Act documents released to NBR reveal a briefing from the Treasury and the Ministry of Business, Innovation, and Employment

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Jonathan Mitchell Mon, 26 Aug 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Maverick or not, Kiwibank intends to be competitive
Politics,
105499
true