NZ Post

Kiwibank 'understands and supports' RBNZ's capital philosophy

20 Feb 19, 9:48am

Gareth Vaughan

Kiwibank half-year profit bounces back, CEO Steve Jurkovich highlights focus on improving cost-to-income ratio
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Jurkovich had no knowledge of shareholders' dispute before taking Kiwibank job

27 Aug 18, 9:53am

Gareth Vaughan

New Kiwibank CEO Steve Jurkovich didn't know bank's shareholders were in CoreMod dispute before taking job, hints at incremental 'episode based' technology upgrade
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Kiwibank annual profit bounces back

24 Aug 18, 10:24am

Gareth Vaughan

1 comment

Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
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New Kiwibank CEO looks forward to 'wing tip to wing tip' banking

7 Aug 18, 5:00am

Gareth Vaughan

11 comments

Kiwibank's new boss Steve Jurkovich sets out 'to win in a uniquely kiwi way' as he takes the reins at the state owned bank
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Businesses team up on climate change

12 Jul 18, 7:56am

David Hargreaves

16 comments

A group of 60 NZ CEOs have joined forces 'to help New Zealand transition to a low emissions economy'
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Kiwibank half-year profit down a third

23 Feb 18, 9:57am

Gareth Vaughan

3 comments

Kiwibank interim profit drops $21 mln to $42 mln after IT impairment and higher expenses, no new permanent CEO yet
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'If we don't act now in five years time we won't have a business'

4 Sep 17, 9:58am

Gareth Vaughan

Gareth Vaughan looks at Kiwibank's big IT about-face and suggests the recent shareholding change at the bank is the driving force behind it
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Kiwibank profit smashed by big IT impairment

1 Sep 17, 10:00am

Gareth Vaughan

11 comments

Big IT project impairment hits Kiwibank's profit hard as new look board influenced by new shareholders reviews strategy
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Time for an outsider to take the helm at Kiwibank

23 Aug 17, 10:27am

Gareth Vaughan

1 comment

Gareth Vaughan suggests Kiwibank's new CEO ought to be an external appointment to bring a fresh approach to the state owned bank
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'The issue is specific to Kiwibank'

1 Jun 17, 4:39pm

Gareth Vaughan

Kiwibank 'deconsolidates' bond issuing vehicle at a cost of $1.1 mln to resolve capital standoff with the RBNZ
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Directors of Kiwibank funding vehicle changed to placate the RBNZ

30 May 17, 10:24am

Gareth Vaughan

No early repayment of 2 Kiwibank bond issues worth a combined $250 mln that are no longer regarded as capital by the RBNZ
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Fitch affirms Kiwibank's AA credit rating

19 May 17, 9:27am

Gareth Vaughan

Kiwibank AA rating affirmed but credit ratings agency sees capital ratios staying low relative to domestic and some international peers over the next 2 years
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Kiwibank board rejig

10 Apr 17, 10:36am

David Hargreaves

Kiwibank's chairman Rob Morrison and his deputy Rhoda Phillippo both resigning
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Shareholders bolster Kiwibank's capital

7 Apr 17, 2:33pm

Gareth Vaughan

1 comment

Kiwibank's three shareholders coughing up a combined $247 mln after RBNZ ruled 2 bonds no longer meet regulatory capital rules
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Free rider problems & tax bills? The Kiwibank capital cock-up

27 Mar 17, 12:04pm

Martien Lubberink

3 comments

Martien Lubberink delves under the hood as he strives to get to the bottom of Kiwibank's capital stoush with the Reserve Bank
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RBNZ says Kiwibank bonds classified as capital actually aren't capital

15 Mar 17, 10:04am

Gareth Vaughan

2 comments

Kiwibank 'working urgently' with the RBNZ after a preliminary view from the regulator concludes $250m of its bonds don't comply with bank capital rules
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Kiwibank credit rating lowered by major agencies

1 Mar 17, 1:51pm

David Hargreaves

Both Moody's and Standard & Poor's have dropped their ratings a notch for the state-controlled bank following its ownership shuffle
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Rising costs hit Kiwibank's December quarter performance

21 Feb 17, 9:59am

Gareth Vaughan

Expense growth outstrips income growth at Kiwibank as net interest margin and funding costs fall
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Kiwibank interim profit slips 11%

20 Feb 17, 10:30am

David Hargreaves

4 comments

Kiwibank says funding pressures, bank infrastructure spending and Kaikoura earthquake contribute to reduced $63 mln after-tax profit; net interest margin drops below 2%
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