Heartland expands the meaning of 'niche'

Heartland expands the meaning of 'niche'
Jenny Ruth
Heartland Group Holdings is expanding its definition of a niche banking product and plans to compete more directly with mainstream banks than previously.The group, which operates Heartland Bank in New Zealand and a reverse mortgage business in Australia, has long pursued a strategy of seeking out parts of the market where the major banks don't operate.That strategy has led it into providing reverse mortgages in both Australia and New Zealand, motor finance in the wake of so many finance company collapses and to provide unsecured small business...

More Finance

'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024
FNZ settles dispute with US executives
Finance

FNZ settles dispute with US executives

Adam Green and Steve Gross resigned on the same day late last year. 

Victoria Young 22 Apr 2024