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Heartland's Marac refunds $567k over unpaid loan repayment insurance
By Paul McBeth Feb. 25 (BusinessDesk) - Heartland New Zealand's Marac Finance unit, which was one of three lenders which merged to create Heartland, has refunded more than half a million dollars over unpaid loan repayment insurance rebates in a settlement with the antitrust regu...
Heartland NZ lifts 1H profit by 9.2 percent on improved retail, business and rural earnings
Feb. 25 (BusinessDesk) – Heartland New Zealand, which gained bank registration in December, posted a 9.2 percent gain in first-half profit on increased earnings from retail, business and rural lending and a reduction in costs. Profit rose to $10.7 million in the six months ende...
Chorus shares fall as UFB costs grow, in talks with Crown Fibre Holdings
By Paul McBeth Feb. 25 (BusinessDesk) - Shares in Chorus dropped 2 percent after the telecommunications network operator spun out of Telecom signalled the cost of building a nationwide ultrafast broadband network has increased by some $300 million. The Wellington-based company...
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