S&P says 1 in 3 chance it will cut in Kiwibank's A+ rating in next 3 years as NZ's economic risks rise; NZ Post says disappointed with rating move; S&P also eyeing how supportive NZ Govt is of struggling NZ Post
Treasury hires Goldman Sachs to prepare report on Kiwibank's future capital needs; Review of state owned bank looks at potential sources of money to fund growth
Kiwibank posts 53% interim profit rise as income increases & it makes no addition to loan impairment allowances; Sees SME growth, no rural push on agenda
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