Kiwibank: --off and racing: New Zealand's recently established Kiwibank is a bold move aimed...

At last, the lengthy community and political debate about whether the bank should have been established is over. Kiwibank is off and running, featuring a cost-efficient technology base, some bold commitments to its customers and some very competitive products and services.

Kiwibank has certainly created a new and fresh approach to the New Zealand banking market. It is being watched with great interest by banks on both sides of the Tasman. For New Zealand banks, the jury is out as to whether Kiwibank will be a feared competitor or a means to offload their unwanted unpro