TMM - News

Kiwibank accounted for 25% of all bank mortgage lending in Dec half year

Thursday 22nd of February 2024

The government-owned bank's mortgage growth in the six months was also double the $634 million it lent in the same six months a year earlier.

Kiwibank is the fifth-largest New Zealand bank with total assets of $35.39 billion at Dec 31 compared with ASB Bank, the third largest bank, which had total assets of $126.45 billion at that date.

The bank said its total net new lendin...

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