Heartland Bank: watching dairy closely but no problems yet

Heartland Bank says it's watching its dairy customers closely but that it hasn't experienced any big problems with the industry yet. With special audio feature.

Jenny Ruth
Tue, 23 Feb 2016

Heartland Bank [NZX: HNZ] says it’s watching its dairy customers closely but that it hasn’t experienced any big problems with the industry yet.

About 17% of Heartland’s lending, or $505 million, is to the rural sector and about 8% of total lending is to dairy farmers.

The bank says its average

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