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14 Apr 2024   
NZCity NewsLinks
HGH meets Challenger Bank milestone & NZ$210m equity raise
Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) is pleased to announce that it has received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Ban 
© 2024 Mon 11:45am 

NZGIF welcomes new Chief Executive
Sarah Minhinnick has been appointed the new Chief Executive of New Zealand Green Investment Finance, the Crown-owned green investment bank established to accelerate investment in Aotearoa New Zealand’s decarbonisation 
© 2024 Wed, 6 Mar 10:46am 

Citibank NZ issued formal warning under AML/CFT Act
The Reserve Bank of New Zealand – Te Putea Matua has issued a formal warning to Citibank N.A. New Zealand Branch (Citibank NZ) relating to the wire transfer identity requirements under the Anti-Money Laundering and Countering Financing of Terrorism 
© 2024 Fri, 15 Dec 12:25am 

Monetary Policy Remit amended
The Reserve Bank of New Zealand – Te Putea Matua acknowledges the amended Remit for the Monetary Policy Committee (MPC) issued today by the Minister of Finance 
© 2024 Thu, 14 Dec 4:25pm 

Reserve Bank reminds retailers to train new cash handlers on fake note detection
“New Zealand doesn’t have a huge counterfeiting problem, and the fake banknotes we do see are low quality and easily detected using the look-feel-tilt method,” says Graeme Denny, Senior Manager of Cash Services at the Reserve Bank of New 
© 2024 Fri, 8 Dec 10:41am 

Arvida Bank Facility Update
Arvida Group Limited (Arvida) announced that it yesterday completed a refinancing and restructure of its bank debt facilities into a revolving core and development facility 
© 2024 Tue, 31 Oct 2:44pm 

General Capital (GEN:NZX) Subsidiary General Finance Update
General Capital Limited advises that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, has uploaded its quarterly unaudited report for the quarter ended 30 September 2023 to the Disclose Register 
© 2024 Fri, 27 Oct 2:28pm 

Reserve Bank Investigation into Geneva Subsidiary
Geneva advises that its subsidiary Quest Insurance Group Limited (Quest) has received notification from the Reserve Bank’ enforcement team that a formal investigation in relation to certain matters involving Quest has commenced 
© 2024 Wed, 27 Sep 1:05pm 

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Bank of China (New Zealand) Limited Director Change
Bank of China (New Zealand) Limited director Sinead Horgan has retired, and Lloyd Cartwright is to succeed her on the Auckland-based bank’s board 
© 2024 Wed, 3 Apr 8:45am 

Devon Funds Morning Note - 21 March 2024
Markets surged following the Fed meeting, with the central bank holding the benchmark overnight borrowing rate at 23-year highs in a range between 5.25%-5.5%, where it has been since July last year 
© 2024 Fri, 22 Mar 11:25am 

New Zealand agriculture “riding the wave of change into 2024” - Rabobank annual outlook
New Zealand agriculture will need to ride the wave of change in 2024, with three prevailing undercurrents – central bank actions, the recovery of the Chinese economy and geopolitical tensions and conflict – set to charter a course for the sect 
© 2024 Wed, 7 Feb 9:25am 

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Major banks compliant with RBNZ Outsourcing Policy
In a significant milestone, the Reserve Bank of New Zealand - Te Putea Matua is pleased to confirm that New Zealand’s largest banks are now compliant with our Outsourcing Policy (BS11) 
© 2024 Tue, 12 Dec 2:05pm 

GEO - North Ridge Partners Appointed as Financial Advisor
Geo Limited (NZX: GEO) (GEO or the Company) has engaged North Ridge Partners (NRP), an investment bank who provide financial advisory services in the ordinary course of their business, to act as GEO’s financial advisor to assess strategic options of 
© 2024 Thu, 7 Dec 10:48am 

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Radius Announces Extension of $23m Bank Facilities
Radius Care (NZX: RAD) is pleased to confirm the extension of the $23 million bridge facilities with ASB to 31 January 2024 
© 2024 Fri, 29 Sep 11:45am 

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