Heartland Bank, through its subsidiaries, are engaged in providing financial services. Through its subsidiary, MARAC Insurance Limited, Co. also provides insurance services. Co. and its subsidiares operate primarily within New Zealand and comprise the following segments: Households, which provides a range of financial services to New Zealand businesses and families; Business, which provides term debt, plant and equipment finance, commercial mortgage lending and working capital solutions for small to medium sized New Zealand businesses; Rural which provides specialist financial services to the farming sector; and Non-core property, which funds assets of the noncore property division.
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