Kiwibank must stay 100 per cent Govt owned says MP Scott Simpson

Wednesday, April 6, 2016

“NZ Post’s proposal for the Accident Compensation Corporation (ACC) and the NZ Super Fund (NZSF) to purchase part of Kiwibank  is a brilliant idea to retain Kiwibank in public ownership” said Coromandel MP Scott Simpson.

“Kiwibank   has become an  integral part of our communities with 9 branches in our region. Here on the Coromandel we are served very well and  I know many people rely on Kiwibank for their banking services” said Mr Simpson.

It’s a “win win” result for everyone with ACC and NZ Super Fund investing in Kiwibank” said Mr Simpson.

“Let’s hope that NZ Post, NZSF and ACC can work together to provide Kiwibank with the capital to become an even more successful  bank” said Scott Simpson.