Kiwibank

Kiwibank Limited is a New Zealand state-owned bank and financial services provider. As of 2023, it ranks as the fifth-largest bank in New Zealand by assets and holds the distinction of being the largest domestically owned bank, commanding a market share of around 9%.

Kiwibank was established in 2001 by the Fifth Labour Government of New Zealand, following a proposal by then Deputy Prime Minister Jim Anderton, to set up a locally-owned bank capable of competing with the Big Four Australian banks which dominated the domestic market. Initially, it operated as a subsidiary of New Zealand Post, with branches originally co-located within PostShops (post offices) to ensure nationwide accessibility.