Heartland Bank (New Zealand)

Overview

Heartland Bank (New Zealand) is New Zealand commercial bank + NZX: HGH ASX: HGH + New Zealand retail + institutional + foreign investors free float + one of New Zealand's mid-sized commercial banks specialising in reverse mortgages + livestock finance + founded Jan 31 2011 in Auckland New Zealand via consolidation of Marac Finance + Combined Building Society + Canterbury Building Society + 2012 Heartland Bank full commercial banking license [1, nz-cro].

History

Jan 31 2011 — Heartland New Zealand founded in Auckland New Zealand via consolidation of Marac Finance + Combined Building Society + Canterbury Building Society.

Dec 17 2012 — Heartland Bank full Reserve Bank of New Zealand RBNZ commercial banking license consolidating Heartland New Zealand distinctive New Zealand banking heritage as specialised reverse mortgages + livestock finance commercial bank.

Apr 1 2018 — Heartland Group Holdings Limited holding restructure consolidating Heartland Bank New Zealand + Heartland Australia reverse mortgages.

2014 — Heartland Mobile banking app launch.

Ownership & operator

Operating entity: Heartland Group Holdings Limited dba Heartland Bank (New Zealand commercial bank; NZX: HGH; ASX: HGH).

Major shareholders: New Zealand retail + institutional + foreign investors free float.

Regulators: Reserve Bank of New Zealand RBNZ + Australian Prudential Regulation Authority APRA via Heartland Australia subsidiary.

Technical integration

Heartland Mobile app (iOS + Android) + heartland.co.nz online + Heartland Bank limited branch network across New Zealand + Australia (Heartland Australia reverse mortgages specialty subsidiary) + Heartland Visa + Mastercard cards; Payments NZ 7-15 (New Zealand interbank instant payments) + EMVCo QRCPS QR payments + New Zealand Dollar NZD domestic transfers.

Implementations & partners

Major New Zealand banking + payments competitors: [[anz-nz]] (ANZ Bank New Zealand; New Zealand's largest commercial bank by assets) + [[asb-bank]] (ASB Bank) + [[bnz-nz]] (Bank of New Zealand BNZ) + [[westpac-nz]] (Westpac New Zealand) + [[kiwibank]] (Kiwibank; New Zealand state-owned commercial bank) + [[tsb-bank-nz]] (TSB Bank; New Zealand mutual commercial bank).

Regulators: Reserve Bank of New Zealand RBNZ + Australian Prudential Regulation Authority APRA via Heartland Australia subsidiary.

Status

Active, New Zealand commercial bank + NZX:HGH ASX:HGH + New Zealand retail + institutional + foreign investors free float + one of New Zealand's mid-sized commercial banks specialising in reverse mortgages + livestock finance + founded Jan 31 2011 in Auckland New Zealand via consolidation of Marac Finance + Combined Building Society + Canterbury Building Society + 2012 Heartland Bank full commercial banking license [1, 2].

Sources

• 1 Heartland NZ — official
• 2 Heartland NZ — Wikipedia
• nz-cro In-corpus: reports/countries/NZ-new-zealand.md

Source

Biography extracted from heartland-bank-nz.md. See matrix.md for standards-support matrix if present.