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Kiwibank Limited is a New Zealand state-owned bank and financial services provider. As of 2023, Kiwibank is the fifth-largest bank in New Zealand by assets, and the largest New Zealand-owned bank, with a market share of approximately 9%. [4] In December 2023, the bank's assets totaled about $35 billion. [5]
In 2002, New Zealand Post, as part of government policy, opened the bank Kiwibank Limited in the majority of its PostShop and Books and More (now Take Note) branches. Kiwibank is wholly owned by New Zealand Post through subsidiaries. [17] New Zealand Post and Kiwibank shop at The Palms shopping centre in Shirley, Christchurch
Kiwibank: 29 November 2001 New Zealand State owned retail bank: 9% (2022) [7] Invercargill, New Zealand: SBS Bank: 7 October 2008 Mutual retail bank: 0.8% (2022) Wellington, New Zealand: Co-operative Bank: 26 October 2011 Co-operative retail bank: New Plymouth, New Zealand: TSB Bank: 8 June 1989 Community trust retail bank: 0.5% (2022) New ...
If you find yourself wondering if there are any banks open today, here’s a quick look at holidays when most banks will be closed for 2021 through 2023: Holidays. Bank Status. 2021.
The controversial Employment Contracts Act was repealed, replaced by an Employment Relations Act more friendly to unions and collective bargaining; a state-owned bank, Kiwibank, was created at the behest of the Alliance; a majority stake in the national airline, Air New Zealand, was purchased; and the public health sector was reorganised with ...
Other Retail Stores Open on Thanksgiving 2024. Bass Pro Shops: Spend your Thanksgiving outdoors — hunting, camping, or fishing with family. Stock up on essentials at Bass Pro Shops from 9 a.m ...
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State-owned Kiwibank, community trust-owned TSB Bank, SBS Bank (formerly Southland Building Society) and Heartland Bank, the next four largest banks by profit, made NZ$97 million, [46] NZ$73.5 million, [47] NZ$14 million [48] and NZ$7 million (albeit with an underlying result of about NZ$30 million) respectively. [49]