close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Banks bursting with cash, but is a deep dive necessary?

KPMG report highlights another strong year in profit for banking sector, to over $7 billion.

KPMG partner John Kensington speaks with Jonathan Mitchell.

New Zealand’s banks are bursting with a record amount of cash, but accounting and advisory firm KPMG remain on the fence about the need for a market study into the sector.

KPMG has today released its 2022 Financial Institutions Performance Survey bank review showing annual net profit reaching more

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Tue, 14 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Banks bursting with cash, but is a deep dive necessary?
General Business,
98159
true