Heartland Bank plans corporate restructure, ASX listing

Wed, 01 Aug 2018

By Rebecca Howard Aug. 1 (BusinessDesk) - Heartland Bank is planning a corporate restructure and a listing on the Australian securities exchange which it says will help it grow. "The restructure will remove constraints on the growth of group’s business currently arising from Reserve Bank regulations, and will provide greater flexibility for the group to explore and take advantage of future growth opportunities in New Zealand and Australia outside the banking group regulated by the Reserve Bank," it said in a release to the New Zealand sto...

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