The highly respected international credit rating agency,
Standard & Poors' has given Kiwibank a credit rating of
AA-.
It puts us equal with the major banks and financial
institutions in both New Zealand and Australia. It is
your reassurance that Kiwibank will be strong and
credible.
New Zealand Post Guarantee
New Zealand Post Limited, our parent company, has
guaranteed our payment obligations, including any
payment obligation in respect of any deposit made with
us. The guarantee is not secured and its amount is not
limited. The guarantee is unconditional and is
terminable by New Zealand Post Limited upon three
months' notice to us. Any such termination does not
affect any existing payment obligations owed under the
guarantee at the termination date. A copy of Kiwibank's
most recent Supplemental Disclosure Statement,
containing a copy of the full guarantee contract, will
be provided upon request.
