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Macquarie leads Kiwibank down competitive path

Australian investment adviser tasked with helping Kiwi Group Capital scale up in $500m capital play.

Kiwi Group Capital chair David McLean.

Investment bank Macquarie has been selected as adviser to Kiwi Group Capital’s $500 million injection plans.

In December last year, the Government directed Kiwibank to investigate raising up to $500m in additional capital to help it become more competitive with the Australian-owned banks.

Finance

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Jonathan Mitchell Mon, 10 Mar 2025
Contact the Writer: jmitchell@nbr.co.nz
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Macquarie leads Kiwibank down competitive path
Finance,
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