How to supercharge Kiwibank's growth

Why has Kiwibank been a big disappointment? (Image: supplied)

Sat, 26 Feb 2022

The Crown’s review of Kiwibank’s ownership raises three important questions:Why has Kiwibank been a big disappointment?Will the bank be able to attract a new shareholder to supercharge its growth?Would an initial public offering (IPO) and NZX listing be the best option for the bank?The government’s review has been triggered by a shareholder, probably ACC, seeking to exercise an option to sell its Kiwibank stake to New Zealand Post.Does NZ Post have the financial capability to buy these shares? If not, surely an IPO is the best...

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