Meaning of Kiwibank in English:

Kiwibank

Pronunciation /ˈkiːwɪbaŋk/

proper noun

  • A New Zealand government-owned financial institution offering banking and investment services.

    ‘a number of lenders are participating, including Kiwibank’
    • ‘I have seen a number of reports on the outstanding success of Kiwibank.’
    • ‘The excellent competition provided to New Zealand by Kiwibank benefits everybody - not just Kiwibank customers.’
    • ‘The scheme delivered by Kiwibank has already seen 320 loans approved under the original criteria.’
    • ‘The response to Kiwibank's initiative has been overwhelmingly positive.’
    • ‘Kiwibank's formation was funded by an initial $72 million injection from the Government.’
    • ‘In just 2 years 200,000 new Kiwibank accounts have been opened.’
    • ‘I can say that under this Labour-led Government, Kiwibank is safe.’
    • ‘And, for some, Kiwibank's New Zealand ownership was also an important factor.’
    • ‘This party does encourage people into buying houses, and this is why we have a relationship with Kiwibank.’
    • ‘Kiwibank could face higher wholesale funding costs if an international rating agency follows through with its threat to cut the state-owned bank's credit rating, a banking expert says.’