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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Heartland reports 21% lift in profits

Reverse mortgages, motor finance up, but Covid provisioning remains.

Maria Slade Tue, 24 Aug 2021

Provisioning for bad debts as a result of the Covid-19 pandemic will remain in place despite not being needed to date, Heartland Group Holdings says.

The bank, reverse mortgage and vehicle lending specialist has reported a 21% rise in net profit after tax to $87 million for the year to

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Heartland reports 21% lift in profits
General Business,
88655
true