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
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