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13 May 2025 6:32
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      Home > News > Business

    The Finance Minister's backing away from suggestions she's gearing up to sell KiwiBank

    The Finance Minister's backing away from suggestions she's gearing up to sell KiwiBank

    25 July 2024
    But Nicola Willis says the Government will do more to strengthen the State-Owned bank.

    A Ministerial letter of expectation to Kiwibank's top-brass sparked speculation of a sale.

    It outlined an expectation the board should consider new ways to support growth.

    Today, Willis all but ruled out an outright sale. She says she wants to see a stronger KiwiBank -- which continues to flourish.

    Willis says the Commerce Commission's recommended if it's stronger, it can better take on the Australian bank and she wants a better deal for KiwiBank users.

    © 2025 Newstalk ZB, NZCity


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