Kiwibank eyes Aussie capital advantages amid $500m capital raise

Kiwibank CFO Paul Chambers sees level banking playing field in 2030. (Image: Kiwibank)

Thu, 23 Oct 2025

Growth-hungry Kiwibank has spruiked growth and culture stories to investors amid its $500 million capital hike, says a senior executive who expects regulatory levelling in the banking sector by 2030.Kiwibank's chief financial officer, Paul Chambers, said the big four Australian-owned banks enjoyed a structural, and therefore regulatory, advantage in New Zealand. In effect, the Reserve Bank of NZ's (RBNZ) capital rules meant the Australian tetrad enjoyed a 30% return on equity (ROE) bump, versus much smaller domestic banks.“Th...

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