Kiwibank's shareholders shore up its capital with $247 million injection
Kiwibank says it's sure its quasi equity is kosher.
Kiwibank’s shareholders aren’t waiting for the Reserve Bank to make up its mind about the validity of its quasi equity and have decided to pour in $247 million in new equity.
New Zealand Post, the New Zealand Superannuation Fund and ACC will each contribute in proportion to their shareholdings,
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Jenny Ruth
Fri, 07 Apr 2017
Fri, 07 Apr 2017
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Kiwibank's shareholders shore up its capital with $247 million injection
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