Kiwibank - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Mon, 27 Feb 2023 01:56:08 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Kiwibank - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Kiwibank half year profit rises 53pc to $98 million https://cathnews.co.nz/2023/02/27/kiwibank-profit/ Mon, 27 Feb 2023 04:52:02 +0000 https://cathnews.co.nz/?p=156015 Strong lending growth has helped bolster the first half profits of Kiwibank but its chief executive is expecting a tougher second half ahead. The Government-owned bank saw its half year net profit rise 53 per cent to $98 million for the six months to December. Chief executive Steve Jurkovich said the strong first half reflected Read more

Kiwibank half year profit rises 53pc to $98 million... Read more]]> Strong lending growth has helped bolster the first half profits of Kiwibank but its chief executive is expecting a tougher second half ahead.

The Government-owned bank saw its half year net profit rise 53 per cent to $98 million for the six months to December.

Chief executive Steve Jurkovich said the strong first half reflected the resilience of the New Zealand economy but its second half would be dominated by the impact of higher interest rates, rising inflation and the recent extreme weather events. Read more

Kiwibank half year profit rises 53pc to $98 million]]> 156015