There are 26 registered banks in NZ, but ANZ, ASB, BNZ and Westpac between them account for 87% of bank assets. In March 2018 the banking system’s assets were worth $527 billion, equivalent to 186% of GDP.
https://www.interest.co.nz/banking/9...s-highlighting
So, if Harmoney don't drop the ball on loan quality, reporting and bookkeeping standards, customer communication and empowerment, they can go a very long way indeed. :)