Back in 2002, we launched with a thought: New Zealand needs a better banking alternative — a bank that provides real value for money, that has Kiwi values at heart, and that keeps Kiwi money where it belongs —right here, in New Zealand. With post services declining an idea was born to create a 100% New Zealand owned Bank set up through the our PostShop network. Kiwibank started as seven people in a room and has, in a very short time, grown to over one million customers.Read more about Kiwibank
Kiwi Wealth are a 100% New Zealand owned and operated, investment management business, helping Kiwis save and invest through our KiwiSaver scheme, Superannuation scheme and our Private Portfolio Service.
Kiwi Wealth (previously named Gareth Morgan Investments) was founded by economists Dr. Gareth Morgan and Andrew Gawith in August 2000. In 2012 Kiwi Group Holdings purchased Kiwi Wealth.
Kiwibank and Kiwi Wealth work closely together and share some support services such as HR and Learning and Development. The CEO of Kiwi Wealth sits on KBLT.Read more about Kiwi Wealth
Kiwi Financial Services Retail
You may hear the acronym KFSR from time to time. This stands for Kiwi Financial Services Retail which is essentially another name for our Branch Network. When Kiwibank started, we started small. We were lucky enough to operate out of the Post Store Network who provided Kiwibank services.
In 2016, this group were brought into the Kiwi Group family under the name KFSR.
New Zealand Home Loans
Established in Hamilton on 26 November 1996 by founders John Erkkila and Murray Ferguson, NZHL has grown from a single franchise in Wellington to a 220-strong team operating through 78 offices across New Zealand, spread from Dunedin to Whangarei.
NZHL is 100% New Zealand owned and operated with its parent company being Kiwi Group Holdings Limited. In 2006, Kiwi Group bought 51% of NZHL shares which has been gradually increasing and in July 2012 we attained 100% shareholding in the company. NZHL accounts for over 30% of our new lending.
NZHL employees are not employed under Kiwibank and is run as a separate entity.Visit nzhl.co.nz
When Kiwibank opened in 2002 we were selling the likes of house, contents, motor vehicle, travel cover and health insurance through outsourced providers. However in 2012, Kiwibank brought some of our insurance products in-house operating under Kiwi Insurance, a sister company of Kiwibank. These products are Life and Living, Home Loan and Credit Card Repayment insurance. All other insurance products are still operated through outsourced providers.
All employees that work for Kiwi Insurance are employed through Kiwibank.Read more about Kiwi Insurance