Our purpose

Kiwibank was established in 2002 with a clear purpose — to build a New Zealand-owned bank that works to make Kiwi better off by challenging the way the banking system operates.
Person looking back walking coastal track sunny

Kiwi making Kiwi better off

We exist to create competition — to make the banking system fairer to make Kiwi better off. We provide Kiwi with a strong, local bank that reinvests in New Zealand.

This is still as true today as when we were born.

The reality is, banking often works better for banks than it does for customers, and we don't think that's right. We want to empower and incentivise Kiwi and their businesses to make positive financial and sustainable choices, to make them, and Aotearoa, better off.

We’ve always challenged the status quo and have backed better outcomes where it matters most. As we’ve grown, we’ve delivered greater value and fairer outcomes for more Kiwi.
Steve Jurkovich, Kiwibank Chief Executive