News

Heartland's banking aspirations knocked

Monday 15th of August 2011

"The outlook revision reflects the slower-than-anticipated stabilisation and improvement in HBS's key asset quality indicators and earnings profile," S&P says.

"Headwinds in the commercial property market and the general operating environment have contributed to our view that it will now take longer for HBS to restore its asset quality and earnings profiles to levels supportive of th...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.