close
MENU
3 mins to read

Kiwibank says it’s not capital constrained as it loses mortgage market share

Maybe it's denial or maybe it's just politics but the government-owned Kiwibank's CEO, Paul Brock, says Kiwibank is growing its market share in the mortgage market when the numbers say otherwise. With special feature audio.

Jenny Ruth
Mon, 29 Aug 2016

Kiwibank’s chief executive says his bank isn’t feeling capital constrained, even though its deposits are growing at a faster rate than its market share.

The government-owned bank’s deposits grew 7.6% in the year ended June while its lending grew 7%.

Although chief executive Paul Brock disputes

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
Jenny Ruth
Mon, 29 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Kiwibank says it’s not capital constrained as it loses mortgage market share
61161
true