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With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?

Banking
With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?
30th Aug 19, 11:44am by Gareth Vaughan

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4 Comments

by  Ahuhyeah  |  30th Aug 19, 3:04pm 1567134246

I'd join if they did. Been too lazy to change from one of big four so far but a little catalyst like that might be enough.

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by  SmoKey  |  30th Aug 19, 4:16pm 1567138599

I had a wonderful experience joining them yesterday. Would suggest you contact them, they are heaps helpful. In person, on the phone, etc.

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by  Computer  |  30th Aug 19, 5:24pm 1567142687

Been with them for about 5 years, nothing but good experiences so far.

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by  andyb  |  30th Aug 19, 3:27pm 1567135628

Don't expect them to distribute too much in coming years as they will need to retain profits to reach the new RBNZ capital levels. They don't have any other source of capital.

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