Kiwibank scraps $500 million capital raising plan
Source: Radio New Zealand RNZ / Marika Khabazi State-owned Kiwibank’s $500m capital raise won’t go ahead Its parent Kiwi Group Capital cited recent RBNZ capital settings and $400m raise KGC engaged with leading investors Kiwibank has scrapped a plan to raise extra capital from local investors to strengthen its finances. The state-owned bank had been … Read more