Kiwibank results flat except for KiwiSaver surge
A 35% surge in the profitability of its funds management operation was a highlight of Kiwibank's otherwise flat results. With special audio feature.
Kiwibank’s net profit from wealth management, including its KiwSaver scheme, jumped 35% in the six months ended December.
That’s still small at $6 million but the overall government-owned Kiwi Group’s net profit rose just $1m to $73m and the bank itself’s profit was flat.
Kiwibank’s scheme became
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Mon, 22 Feb 2016
Mon, 22 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Kiwibank results flat except for KiwiSaver surge
55756