Kiwibank chairman Rob Morrison and deputy chair Rhoda Phillippo have resigned.

The $247m will make sure the bank's capital stays within the regulator's limits.

Kiwibank is working urgently to resolve the compliance issues with the Reserve Bank.

S&P Global Ratings downgraded Kiwibank's long-term issuer credit rating to A from A+.

Taika Waititi says he is "really happy and proud" to be chosen as New Zealander of the Year.

The country's biggest banks all have different positions on the circumstances under which they would give up your data to the authorities.

Bank profits fell for the first time in seven years last year on the back of growing competition and a squeeze on bank margins.

Bank staff in Christchurch were threatened with a firearm in an armed robbery in Christchurch this afternoon, police say.

The NZ Superannuation Fund and the Accident Compensation Corp today announced two appointments to the board of state-owned Kiwibank.

Banks have increased term deposit rates in a bid to attract customers and fund further mortgage lending.

Quake-hit customers and businesses have been offered mortgage relief and access to savings.

Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.

A deal which sees the New Zealand Super Fund and Accident Compensation Corp take a partial stake in Kiwibank's holding company has completed.

Kiwibank's systems are up and running again after a tKiwibank's systems are up and running again after a two-hour outage which struck around midday, in the middle of Labour Day sales.

Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.

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The terms will see NZ Super and ACC acquire 45 per cent of Kiwibank for a price provisionally put at $495 million.

CEO Paul Brock said the flat result reflected the global uncertainty and increased funding costs for banks.

Kiwibank customers are still waiting for their money after a technical glitch caused delays in processing payments.

Pressure is coming on Govt to fix rules that are effectively stopping banks from helping foreign workers to send money home.

It's the lowest rate since the bank began in 2002, and the first rate from a major bank under 4 per cent.

Thousands of people signed up to KiwiSaver may not know who their provider is and young people are the least likely to know. Research

COMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.

Govt sale of Kiwibank stock to taxpayer-owned entities may see them fall out of public ownership in future

COMMENT: Michael Cullen's always been good at shifting money around without necessarily having to spend it, so what better way to finance KiwiBank than through his fund, writes Barry Soper.

FRAN O'SULLIVAN: This is a Wellington deal that brilliantly suits the objectives of two finance ministers, current and former.

The special dividend will be gained from the sale of a 45 per cent stake in Kiwibank.

Bill English says NZ Post's plan for ACC and NZ Super Fund to buy into Kiwibank will ensure bank remains wholly Government owned.