Kiwibank Limited

Auckland, New Zealand

Kiwibank is a customer-owned bank based in New Zealand offering a comprehensive range of financial services, including personal banking, home loans, and business banking. It is recognized for its community focus and commitment to providing accessible financial solutions.

CCI Score

-36.58

0.04% May 3

Latest Event

Kiwibank faces criminal charges for systemic breaches

Kiwibank Limited is facing criminal charges after systemic breaches of the Fair Trading Act resulted in over $7 million in overcharges for thousands of customers. The charges, brought by the Commerce Commission, highlight significant failures in compliance and ethical business practices.

Take Action

So what can you do? It's time to make tough choices. Where will you cast your vote?

Shop Alternatives SEE ALL: Scotiabank

U.S. Bank

First Citizens
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

TOADIE

Kiwibank Limited is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

JUN

11

2024

Kiwibank faces criminal charges for systemic breaches
-36.58

Kiwibank Limited is facing criminal charges after systemic breaches of the Fair Trading Act resulted in over $7 million in overcharges for thousands of customers. The charges, brought by the Commerce Commission, highlight significant failures in compliance and ethical business practices.
-40

Business Practices and Ethical Responsibility

March 21

Kiwibank's systemic breaches of the Fair Trading Act, resulting in overcharging customers by more than $7 million, demonstrate serious deficiencies in ethical business practices and consumer protection. This failure in internal controls and compliance highlights a disregard for fair trading standards, negatively impacting stakeholder trust and public accountability.

Kiwibank faces criminal charges following issues that caused over $7m in overcharges