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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

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Jonathan Mitchell Tue, 14 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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Banks bursting with cash, but is a deep dive necessary?
General Business,
98159
true