In this episode of The NBR Podcast with Simon Shepherd: What does Kiwibank CEO Steve Jurkovich think of the "cosy pillow fight" in the banking industry? He explains why he would say no to a billion dollars in capital and why a foreign bank could possibly own a slice of our "people's bank".

Timestamps below:

(02:24) - It's been described as an oligopoly.

(4:54) - So how much money does Kiwi bank need to disrupt that cozy pillow fight?

(11:58) - Is there any possibility in your mind that an overseas bank could take a share?

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Links to audio clips used here.