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Heartland looks to buy Aussie banker

Group has launched a $200m capital raise, is in talks to acquire Sydney-based Avenue Bank.

Heartland Group CEO Jeff Greenslade

Maria Slade Tue, 23 Aug 2022

Heartland Group is in talks to buy Australian financier Avenue Bank, with a view to establishing a banking operation across the Tasman.

The move came as the owner of New Zealand-based Heartland Bank announced a $200 million capital raise to retire debt and fund future growth.

The group is looking for

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Contact the Writer: maria@nbr.co.nz
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Heartland looks to buy Aussie banker
General Business,
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