Apparently he also runs his own bank, construction company, real estate agemt,etc. According to him because everything is owned by him, he can keep the cost down.
Not sure if he is a bank, but uses that term a lot. This is his website.
CHARTERED SAVINGS LOAN AND TRUST LIMITED
http://www.cslt.co.nz/
Didn;t think it was that easy to open your own bank.
Any further advice or what to look out for would be greatly appreciated.
cheers.