Main takeaway: Kiwibank eats into Big Four with broad lending and deposit growth. Chief executive Steve Jurkovich is bullish about the opportunity to be a ‘maverick’ challenger.
Kiwibank has reported another record profit, with broad growth in lending across the business, as it approaches a new era with a ‘maverick challenger’ badge.
Its net profit in the year ended June 30 was up 15% to $202 million, compared with $175m last year.
The bank reported net lending growth of
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Main takeaway: Kiwibank eats into Big Four with broad lending and deposit growth. Chief executive Steve Jurkovich is bullish about the opportunity to be a ‘maverick’ challenger.
