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New Zealand financial services company Heartland Group plans to use the deposit funding available to it through its acquisition of Challenger Bank to expand its reverse mortgage and livestock finance businesses in Australia and move into new areas such as auto and asset finance. ....
Heartland Bank gets indicative APRA & RBNZ approval to be the first New Zealand registered bank to acquire an Australian Authorised Deposit-Taking Institution ....
Heartland Bank is looking to raise $210 million to buy Australia’s Challenger Bank after getting the go-ahead from regulators on both sides of the Tasman.. ....
The financial services company's half-year profit has fallen 23 percent as it faced one-off costs, slower lending and issues relating to longer-dated car loans. ....