Kiwibank's half-year profits rose by 53 percent to $98 million dollars with the help of strong lending growth.

Kiwibank's CEO says these results will prepare the bank for a tougher second half dominated by rising interest rates, increased inflation and recent extreme weather events.

NZ Herald business editor Liam Dann says we're seeing the tail end of the boom for bank profits.

LISTEN ABOVE

Kiwibank's half-year profits rose by 53 percent to $98 million dollars with the help of strong lending growth.
Kiwibank's CEO says these results will prepare the bank for a tougher second half dominated by rising interest rates, increased inflation and recent extreme weather events.
NZ Herald business editor Liam Dann says we're seeing the tail end of the boom for bank profits.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.