Heartland Bank and Kia Motors NZ launch Kia Finance

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NZX/ASX release
5 November 2019

Heartland Bank and Kia Motors New Zealand launch Kia Finance
Heartland Group Holdings Limited’s (NZX/ASX: HGH) subsidiary Heartland Bank Limited (Heartland)
(NZX: HBL) has partnered with Kia Motors New Zealand (KMNZ) to provide Kia Finance – a new
vehicle finance service for people looking to purchase a new or used Kia from a Kia dealership.
Kia Finance offers New Zealanders a range of finance options to help get them or their business
moving. Kia Finance’s vehicle finance options include vehicle loans, Kia Konfidence (allowing
customers to protect the minimum future value of their vehicle at the end of the loan term) and
vehicle leasing for business fleets.
Heartland’s Chief Executive Officer, Chris Flood, said Heartland was delighted to be selected as the
financial services supplier to KMNZ.
“We are proud to partner with Kia, a growing brand in the New Zealand market with a focus on
technology and environmental sustainability – core areas of focus shared by Heartland,” he said.
Flood said Kia Finance’s vehicle loan and Kia Konfidence products aim to make it even easier for New
Zealanders to upgrade to safer, more reliable vehicles.
“Partnering with intermediaries like Kia is a key part of Heartland’s strategy to grow our business
and reach more customers at the point of sale. More importantly, it means we’re better able to
reduce the barriers to entry people may have previously faced when looking to purchase a new
vehicle.”
KMNZ Managing Director Todd McDonald said Kia was very pleased to announce its partnership with
Heartland Bank. “The alignment of values between Heartland Bank and Kia NZ mutually support
each other. The addition of a strong automotive focused financier will support the growth of the Kia
brand and our dealer network in New Zealand.”
“This partnership with Heartland provides Kia New Zealand new purchasing opportunities for Kia
customers”.
Kia Finance’s products are available in Kia dealerships from 4 November 2019.
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For more information, please contact:
Nicola Foley Greg MacDonald
Senior Communications Manager General Manager Marketing
Heartland Bank Kia Motors New Zealand
027 345 6809 09 573 6070

About Heartland Group and Heartland Bank
Heartland Bank Limited (Heartland Bank) is part of Heartland Group Holdings Limited (Heartland
Group), a financial services group with operations in New Zealand and Australia. Heartland Group is
listed on the NZX Main Board and ASX (NZX/ASX: HGH) with more than 12,000 shareholders.
Heartland Bank is a New Zealand operated and managed bank that is listed on the NZX Debt Market
(NZX: HBL). Heartland Bank offers savings and investment products, is the market leader in reverse
mortgages in New Zealand and provides business, rural and motor vehicle finance.
Heartland is proud of its Kiwi heritage which stretches back to 1875. Heartland aims to provide a
first-class customer experience whether it’s online, over the phone or in person. It’s currently
focused on channels to deliver its innovative banking products, with an emphasis on digital
platforms designed to deliver a fast and simple customer experience.
To find out more, visit www.heartland.co.nz.

About Kia Motors New Zealand
Kia Motors New Zealand Limited, a technology leader in many fields, principally the design and build
of fully electric, hybrid, mild hybrid and internal combustion powered vehicles for the young-at-
heart, is a subsidiary of Kia Motors Corporation (KMC) which was founded in 2006.
KMC sells and services high quality, class leading vehicles like the Rio, Cerato, Optima, Sportage,
Sorento and Stinger through a network of 21 dealers nationwide. Kia Motors New Zealand manages
the New Zealand operation from its Auckland headquarters. Kia’s brand slogan “The Power to
Surprise” represents the company’s global commitment to surprise the world by providing exciting
and inspiring experiences that go beyond expectations.
To find out more, visit www.kia.co.nz.