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  • Kiwibank gets capital injection

    From Crash@21:1/5 to All on Tue Dec 10 16:57:58 2024
    All the reports of this are behind paywalls, however it has been
    widely reported that the Government is taking Rich's advice and
    allowing Kiwibank to increase its capital in order to be a more
    dominant banking-industry player.

    Clearly this illustrates Rich has influence with the Government,
    therefore by implication and using his logic he must now be part of
    the Atlas Network.


    --
    Crash McBash

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  • From BR@21:1/5 to All on Tue Dec 10 17:25:38 2024
    On Tue, 10 Dec 2024 16:57:58 +1300, Crash <[email protected]d>
    wrote:

    All the reports of this are behind paywalls, however it has been
    widely reported that the Government is taking Rich's advice and
    allowing Kiwibank to increase its capital in order to be a more
    dominant banking-industry player.

    What a crock. Kiwibank has always been a liability.

    Bill.

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  • From Rich80105@21:1/5 to All on Tue Dec 10 23:31:48 2024
    On Tue, 10 Dec 2024 16:57:58 +1300, Crash <[email protected]d>
    wrote:

    All the reports of this are behind paywalls, however it has been
    widely reported that the Government is taking Rich's advice and
    allowing Kiwibank to increase its capital in order to be a more
    dominant banking-industry player.

    Clearly this illustrates Rich has influence with the Government,
    therefore by implication and using his logic he must now be part of
    the Atlas Network.


    Shareholder capital will make little difference to market share in the
    next few years - they need to get more customers . . . .

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  • From Tony@21:1/5 to [email protected] on Tue Dec 10 19:06:40 2024
    Rich80105 <[email protected]> wrote:
    On Tue, 10 Dec 2024 16:57:58 +1300, Crash <[email protected]d>
    wrote:

    All the reports of this are behind paywalls, however it has been
    widely reported that the Government is taking Rich's advice and
    allowing Kiwibank to increase its capital in order to be a more
    dominant banking-industry player.

    Clearly this illustrates Rich has influence with the Government,
    therefore by implication and using his logic he must now be part of
    the Atlas Network.


    Shareholder capital will make little difference to market share in the
    next few years - they need to get more customers . . . .
    Getting more customers requires a great deal of work and investment in marketing etc. That costs money.
    Shareholder capital is money and can be used to finance such things.
    Properly used shareholder capital will drive business growth.
    A very simple business principle.

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