New Zealand’s banking landscape faces significant changes as new players target different segments, potentially disrupting the big-four lenders who currently dominate, according to ASB Bank.

New Zealand’s leading bank chief executives have welcomed government plans to grow Kiwibank, saying it will add to already intense competition between lenders. The CEOs of the four biggest banks ...

New Zealand will conduct an inquiry to assess competition in the country's banking sector, focusing on services in rural regions, Finance Minister Nicola Willis said on Wednesday.

Reuters FILE PHOTO: A security guard stands outside the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray/File Photo ...

Four Australian banks dominate the banking sector in New Zealand. There has long been concern about whether consumers are getting the best deal, and yet 54% have never changed banks.