Latest from Kiwibank

Bank profits dropped 20pc in March quarter, full impact still to be revealed

A significant increase in impaired assets has dragged down bank profits.

$17k saved in loan repayments

Kiwibank's move to lower its variable lending rate 'puts money back' in Kiwis pockets.

Banks stopped selling controversial insurance product

Only Kiwibank still sells the insurance product.

Mortgage wars: Kiwibank slashes home loan rates

State-owned bank cuts variable rates on business and home loans.

Mortgage wars: Record low - banks cut rates to less than 3 per cent

The is the first time interest rates have dipped below 3 per cent.

Job crunch: How bad will unemployment get?

New data on Wednesday will show unemployment on the rise. How bad it gets is not yet clear

NZ banks defend Covid-19 response after criticism

NZs banks have 'blown the chance' to show customers they care during the crisis.

Property lifeline: More than 100,000 Kiwis taking mortgage relief

New data shows more than 100,000 households are seeking mortgage relief from their bank.

Letters: Recycling cost spurs poor choices

If it's difficult or costly to recycle or dump, poorer people will make poor choices.

Government 'must use fiscal war chest' to shore-up virus-hit businesses

The govt must use its "huge fiscal war chest" to secure jobs amid the Covid-19 outbreak.

Why bank advertising has skyrocketed

Why big banks are spending up large to get your attention.

Second bank facing potential compo payout over credit disclosure issues

Kiwibank prepares to wear cost of "disclosure issues".

$700m trifecta: Three big Auckland buildings sold to Asian fund

Mansons has sold the three buildings that will house some of NZ's biggest firms.

Kiwibank boss forecasts flat profits for years as it focuses on growth

Kiwibank's half year profit has been released.

Credit card wars: Who really pays the price?

Switching card companies is a hassle for consumers but could be a win for banks.

Continuous Disclosure: BNZ float more wishful thinking, going for gold

There is appetite for a bank float but is there desire to sell it?