Liam Dann: NZ Herald business editor on Kiwibank's strong half year profits and predicted second half
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
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.