Steve Jurkovich: Kiwibank CEO on increasing variable home lending rate in wake of OCR hike

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Recorded14 Jul 2022

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Here come the banks on the back of the OCR hike.Both ASB and Kiwibank have raised their variable home lending rate - 5.85% to 6.35% for ASB and 5.5 to 6% for KiwiBank.But the good news for customers is that it has meant an increase in saving deposit rates.Kiwibank CEO Steve Jurkovich joined Mike Hosking.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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