- Kiwibank
Infobox_Company
company_name = Kiwibank
company_
company_type =State-owned enterprise
foundation =2002
location =Wellington, New Zealand
products = Banking and financial services
parent =New Zealand Post
homepage = [http://www.kiwibank.co.nz/ Kiwibank]Kiwibank Limited is a wholly owned subsidiary of the
state-owned enterprise New Zealand Post Limited. Through Kiwibank, New Zealand Post provides banking services through its "PostShops" (post offices) and joint venture "Books & More" and "Papermate" outlets throughoutNew Zealand .The bank was initiated as part of Alliance Party policy in the
1999 -2002 Labour-Alliance coalition government. Kiwibank is owned by theNew Zealand government and is chaired by former New Zealand Prime MinisterJim Bolger .Kiwibank invested NZ$8m into a majority shareholding in [http://www.nzhomeloans.co.nz/ New Zealand Home Loans] , a home loan lender specialising in debt reduction, in June 2006.
Kiwibank has won the first three Sunday Star Times/Cannex banking awards, in 2006, 2007, and 2008 for offering the best value across their range of products. [cite news |first=Rob |last=Stock |title=Kiwibank posts a good result |url=http://www.stuff.co.nz/sundaystartimes/4404302a22981.html |work=Sunday Star-Times |publisher=Fairfax New Zealand |date=
2008-02-21 |accessdate=2008-04-26 ] It has been seen by many to have brought a new level of competition in banking in New Zealand in terms of lower fees and growth in service.Fact|date=April 2008 Kiwibank has higher customer satisfaction ratings than the four large Australian-owned trading banks. [cite news |first=Chris |last=Daniels |title=Bank on satisfaction |url=http://www.nzherald.co.nz/author/story.cfm?a_id=73&objectid=10433073 |work=New Zealand Herald |publisher=APN Holdings NZ |date=2007-04-08 |accessdate=2008-04-26 ]In 2008, Kiwibank unveiled an advertising campaign, [http://www.jointhemovement.co.nz "Join The Movement"] , which parodied World War II resistance themes. The advertisements were denounced as jingoistic by rival banks, most of which are Australian owned. [ [http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10513336&pnum=3 Stock takes: Changes rankle - 30 May 2008 - NZ Herald] ]
References
External links
* [http://www.kiwibank.co.nz/ Kiwibank]
* [http://www.nzpost.co.nz/ New Zealand Post]
* [http://www.nzhomeloans.co.nz/ New Zealand Home Loans]
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