Kiwibank looks to grow as FY profit tightens, late home loans rise

Kiwibank eyes growth as profit tightens. (Image: Kiwibank)

Thu, 21 Aug 2025

State-owned Kiwibank is cautiously optimistic about its growth outlook and New Zealand’s economic prospects as its full-year profit tightened amid tough trading conditions and a surge in overdue and impaired home loans.“I think we're going to have the market-leading growth by quite some way, growing, really strongly in home loans, business and in deposits,” chief executive Steve Jurkovich said, referring to the latest results in comparison with other sector players.Kiwibank is the second of the big five banks in NZ to repo...

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