The actual staff "numbers" at Heartland Bank have not increased a great deal since it was formed.
However the skill set has.
Printable View
Probably the skill set has improved ........coinciding with a greater emphasis and commitment to diversity (ethnicity and gender). Good eh
Percy, talking of skills what you make of my observation of the Board skills and the apparent relative ‘weakness’ in the areas that are strategically important.
Jeff probably doesn’t read my comments on ST but if he did I’m sure he would enjoy them and take them on board and become more enlightened. I would hazard a guess that he would have you on his ignore list.
But his team seem to take feedback from share holders on board. Diversity is one that seems to have filtered through the network. Isn’t it pleasing to see the Chairman taking such an interest in it. Diversity must be important ....even setting measurable targets.
Expect to see Heartland winning some workplace awards - even one of those Women Employer of the Year ones.
All leads to ‘diversity of thought’ .....making Heartland a better business
Not sure.
I am hopeless with paper work taking up SPP's in Aussie.To be frank, I wouldn't know where to start.I just send the email/paperwork to the "office" staff at Craigs who always do it perfectly.Does that make them better investors than me? No, just better office people.
So back to HBL board.Huge amount of experience.Huge amount of their own personnel wealth on the line. Fantastic record of employing the right skilled people.
As a shareholder I could not ask for a better board or management team.Always done what they said they would do.
Percy, if you are talking ANZ.NZ then I have no argument with your figures. In gross terms you are right. In percentage terms you are wrong. Talking dairy to total loans for ANZ.NZ.
$11b /$186b = 5.8%
This is way less than Heartland dairy loan proportion at 10%. I have already checked ANZ against the other Aussie big banks as regards rural lending and they are ahead in both gross in percentage terms.
SNOOPY
Snoopy.
Google ,,.kpmg fips...........................financial institution performanc survey.
June 2017 quarterly results.
Compares ANZ,BNZ,CBA,HBL,Kiwi Bank,SBS,Co-Op,TSB and Westpac.
ps Would some kind poster please post the link.
Try this
https://home.kpmg.com/nz/en/home/med...mg-report.html. download on the right
To save finding that link
https://assets.kpmg.com/content/dam/...-June-2017.PDF
Doesn’t say who has greater dairy exposure
Why.?
Maybe because they don't see it as an issue.?
Interestingly enough, PGW with a dairy exposure of between 22% and 25% don't see it as an issue either.
When I last spoke to Jeff Greenslade and Chris Flood, they didn't see it as an issue.
Pretty sure The Reserve Bank of NZ does not see it as an issue.
I certainly don't.Never have.
ps W69 and minimoke.Thanks for posting the links.