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

Best of Business · Jul 14, 2022 · 3m

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.

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