Kiwi Bank in Podcasts
companyKiwiBank, a New Zealand state-owned bank, involved in discussions about potential asset sales and growth.
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So if we merge TSB and Heartland, we're talking about making a bigger bank, but to give that a bit of scale, it's going to be still less than half the size of Kiwi Bank.
uh you can you can do it at kiwi bank you pay a fee for it but it's not 12 months yeah why can you do it on commercial and not on resi it's probably just a pain in the ass for the banks to be honest like if you're both if you had a million people buying interest rates a year in advance it's that'd be chaos yeah yeah and you also gotta remember there's like non-utilization fees and stuff like that on the on the rate lock so yeah
buzz around um kiwi bank of course as it potentially looks to have another crack getting bigger and by getting bigger then becomes better able to take on the so-called big four uh this is business and of course it is also politics because asset sales are back on the agenda especially for national and the act party new zealand first not so much so it may well be one of those things that you know gets tossed around as an idea but in the reality of an mmp environment actually goes nowhere making the kiwi bank story slightly unique though