TMM - News

Kiwibank grows its share of new mortgage lending at more than double its market share

Wednesday 4th of September 2024

That has lifted Kiwibank's market share to almost 7.6% at June 30, up from less than 7.2% a year earlier, according to the Reserve Bank's bank financial strength dashboard data.

Kiwibank's mortgage book at June 30 stood at $26.95 billion, up from $24.55 billion a year earlier.

It's unlikely a coincidence that Kiwibank's growth spurt followed the July 2023 add...

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