Steve Jurkovich: Kiwibank CEO on their 9% drop in annual profit, net interest margin dropping to 2.1%

The Mike Hosking Breakfast by NZME

Kiwibank says the banking sector's becoming fiercely competitive. The Crown-owned bank has reported a 9% drop in annual profit. Its net interest margin —a key metric of profitability— has dropped to 2.1%. Chief Executive...View more