UDC Finance

20 Mar 18, 9:48am
Shares in ANZ NZ's finance company UDC may be sold to the public after OIO blocked its sale to opaque Chinese company
20 Feb 18, 12:38pm
Heartland Bank chief financial officer says the bank remains interested in acquiring ANZ's UDC Finance, would require a capital raise to do the deal
22 Jan 18, 9:47am
Egg on Elliott's face, World Bank sees cyclical recovery, Paymark sale concludes, PSD2 underway, house sales volumes soft, the year for social payments & more 
17 Jan 18, 4:18pm
David Hargreaves argues that after the fiasco of the failed sale of UDC to HNA the ANZ may be keen to now quickly offload its Kiwi finance company; Heartland Bank is still interested
21 Dec 17, 1:09pm
David Hargreaves believes a sale of UDC Finance to a credible New Zealand financial institution might be the only noble way out for the ANZ after the collapse of its ill-thought-out attempt to sell the business to Chinese conglomerate HNA
21 Dec 17, 9:50am
OIO blocks takeover of ANZ subsidiary UDC Finance by controversial HNA Group because it can't work out who actually owns the Chinese conglomerate
14 Dec 17, 12:52pm
KPMG's annual survey of non-bank financial institutions shows a declining availability of cheap funding as one lender delivers a net interest margin as high as 22.67%
12 Dec 17, 10:14am
ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
26 Oct 17, 10:03am
New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
14 Oct 17, 7:24am
The ANZ's not wanting to answer questions about its now protracted sales process for UDC Finance - but it will have to soon
10 Oct 17, 11:29am
David Hargreaves suggests the Australian masters of the ANZ may not have done the venerable New Zealand finance company UDC any favours by snatching at the highest price available for selling it
9 Oct 17, 12:26pm
Foreign ownership rules, post-1984 economic paradigm up for debate in NZ First talks with National and Labour; Peters still not a fan of HNA-UDC deal
5 Oct 17, 4:09pm
Nearly 9 months after the sale was announced, the seller ANZ and would-be buyer HNA say there are still 'steps and processes' to work through in completing UDC Finance acquisition
16 Aug 17, 10:20am
June quarter numbers show the picture changing for the country's biggest bank. Bottom line weakens
29 May 17, 5:02pm
UDC Finance depositors offered financial incentive to vote at key meeting ahead of proposed sale of the finance company to HNA Group by ANZ
26 May 17, 5:02am
TIP Trailer Services boss Bob Fast on the plans for NZ's biggest finance company UDC under new, Chinese ownership
16 May 17, 11:30am
ANZ NZ ahead of schedule in repaying parent NZ$8 bln worth of inter-company loans
12 May 17, 5:02am
Chinese conglomerate HNA plans to place NZ finance company UDC under the wing of its large European-Canadian equipment service subsidiary TIP Trailer Services
28 Apr 17, 6:37am
Chinese conglomerate HNA 'will be a good owner' of UDC after the planned $660 million acquisition, ANZ says
10 Apr 17, 5:02am
ANZ keen to keep KiwiSaver business to itself, Group CEO Shayne Elliott says, as bank mulls future of its wealth operations


23 Mar 17, 4:02pm
13 Dec 16, 3:59pm
28 Nov 16, 2:03pm
4 May 16, 10:01am
26 Apr 16, 4:35pm
30 Jun 15, 1:20pm
12 Jun 15, 11:55am