Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Kiwibank Named Bank Of The Year (Again!)

6 December 2010

MEIDA RELEASE

Kiwibank Named Bank Of The Year (Again!)

Kiwibank has been named New Zealand Bank of the Year by the prestigious international The Bankermagazine for the second year in a row.

Each year The Banker assesses the performance of hundreds of banks around the world, awarding Bank of The Year in 144 countries from more than 500 entries.

The Banker magazine acknowledged the “challenger” position Kiwibank has taken in the New Zealand market and its significant success in building its home loan business and capturing market share in a very competitive market.

Kiwibank Chief executive Paul Brock described the win as “a very significant recognition of the success of the bank by the international banking industry”.

“This award is endorsement that Kiwibank has made a difference to the New Zealand banking sector and is successful by international benchmarks,” Mr Brock said.

Kiwibank has this year also been judged Best Value Bank in New Zealand (Canstar) for the fifth year in a row and most trusted bank (Reader’s Digest) for the fourth consecutive year.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

QV: Tax Changes Yet To Dampen Red-Hot Housing Market

Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More>>

Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>