Heartland wary of global market volatility in affirming annual earnings forecast

Tue, 21 Nov 2017

By Paul McBeth Nov. 21 (BusinessDesk) - Heartland Bank is sticking to existing forecasts for annual profit to rise as much as 13 percent as credit growth and improving asset quality bolster the lender's books, but is watchful of increasingly volatile global financial markets. Chief executive Jeff Greenslade, who's led the lender since Marac Finance was carved out of Pyne Gould Corp in 2011 and merged with the Canterbury and Southern Cross building societies, told shareholders at today's annual meeting in Auckland that the bank is still c...

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