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HGH notes RBNZ Capital Review Consultation Paper

17/12/2018, 16:25 NZDT, GENERAL

NZX/ASX Release Heartland Group Holdings notes RBNZ Capital Review Consultation Paper 17 December 2018 The Reserve Bank of New Zealand (RBNZ) has released a consultation paper titled "Capital Review Paper 4: How much capital is enough?" The purpose of this paper is to seek public views on a proposal to increase the minimum level of regulatory capital in the banking system. Heartland is currently reviewing the consultation paper and will participate in the consultation process with RBNZ. Responses are due by 29 March 2019. - Ends - For further information, please contact: David Mackrell Chief Financial Officer DDI 09 927 9561 david.mackrell@heartland.co.nz End CA:00328529 For:HGH Type:GENERAL Time:2018-12-17 16:25:49

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