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Fitch Ratings (Fitch) has upgraded Kiwibank Limited's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA' from 'AA-'. The Outlook is Stable. Fitch has also affirmed the Long-Term Local-Currency IDR at 'AA' with a Stable Outlook. The rating actions follow the upgrade of the New Zealand sovereign's Long-Term Foreign-Currency IDR to 'AA+' from 'AA' End CA:00398980 For:KWB Type:CREDIT Time:2022-09-16 16:24:20