UDC Finance

12th Dec 18, 4:10pm
The New Zealand finance company ANZ has strenuously tried to sell keeps producing the goods; after tax profit rises 6% to $65.3 million
The New Zealand finance company ANZ has strenuously tried to sell keeps producing the goods; after tax profit rises 6% to $65.3 million
12th Dec 18, 4:10pm
1st Nov 18, 11:53am
ANZ NZ CEO David Hisco eyes growth opportunities for the to be retained UDC, expects work list of things to do from FMA & RBNZ report on bank conduct & culture
ANZ NZ CEO David Hisco eyes growth opportunities for the to be retained UDC, expects work list of things to do from FMA & RBNZ report on bank conduct & culture
1st Nov 18, 11:53am
31st Oct 18, 10:18am
Two and a half years after putting NZ finance subsidiary UDC on the block, ANZ says it's 'putting on hold' all sale discussions
Two and a half years after putting NZ finance subsidiary UDC on the block, ANZ says it's 'putting on hold' all sale discussions
31st Oct 18, 10:18am
[Updated]
31st Oct 18, 9:50am
ANZ NZ profit surges $206m to $1.986b, or about $809 per customer. Calls off UDC sale. Group cuts staff incentive payments by A$124m in wake of Royal Commission
[Updated]
ANZ NZ profit surges $206m to $1.986b, or about $809 per customer. Calls off UDC sale. Group cuts staff incentive payments by A$124m in wake of Royal Commission
31st Oct 18, 9:50am
18th Sep 18, 5:01pm
Two and a half years after ANZ put its NZ vehicle and asset finance provider UDC on the block there's no indication of an imminent sale
Two and a half years after ANZ put its NZ vehicle and asset finance provider UDC on the block there's no indication of an imminent sale
18th Sep 18, 5:01pm
16th Aug 18, 1:05pm
Heartland Bank restructure will leave burgeoning Australian reverse mortgage business free of regulatory capital requirement rules on either side of the Tasman
Heartland Bank restructure will leave burgeoning Australian reverse mortgage business free of regulatory capital requirement rules on either side of the Tasman
16th Aug 18, 1:05pm
11th Jul 18, 8:53am
ANZ's continuing to advance more and more money to its NZ finance arm - ironically at a time when it's trying to offload it
ANZ's continuing to advance more and more money to its NZ finance arm - ironically at a time when it's trying to offload it
11th Jul 18, 8:53am
22nd Jun 18, 12:00pm
ANZ's for-sale NZ finance arm lifts half-year profit 8% to $32.7 million but gives no indication of when its protracted sales process may be completed
ANZ's for-sale NZ finance arm lifts half-year profit 8% to $32.7 million but gives no indication of when its protracted sales process may be completed
22nd Jun 18, 12:00pm
3rd May 18, 9:36am
ANZ NZ understands why the OIO blocked its planned sale of UDC, CEO David Hisco says, and still aims to sell the finance company but isn't in a hurry
ANZ NZ understands why the OIO blocked its planned sale of UDC, CEO David Hisco says, and still aims to sell the finance company but isn't in a hurry
3rd May 18, 9:36am
24th Apr 18, 8:12am
David Hargreaves updates where ANZ has got to with its now tortuous attempt to offload its New Zealand finance arm
David Hargreaves updates where ANZ has got to with its now tortuous attempt to offload its New Zealand finance arm
24th Apr 18, 8:12am
17th Apr 18, 11:28am
Recently released documents show why officials had "serious concerns" about the state of HNA, as they blocked the $660 million sale of UDC to the Chinese global conglomerate
Recently released documents show why officials had "serious concerns" about the state of HNA, as they blocked the $660 million sale of UDC to the Chinese global conglomerate
17th Apr 18, 11:28am
22nd Mar 18, 10:16am
Gareth Vaughan hopes UDC will be allowed to stick to its knitting whatever eventuates from ANZ's attempts to sell the finance company
Gareth Vaughan hopes UDC will be allowed to stick to its knitting whatever eventuates from ANZ's attempts to sell the finance company
22nd Mar 18, 10:16am
[Updated]
20th 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
[Updated]
Shares in ANZ NZ's finance company UDC may be sold to the public after OIO blocked its sale to opaque Chinese company
20th Mar 18, 9:48am
20th 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
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
20th Feb 18, 12:38pm
22nd 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 
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 
22nd Jan 18, 9:47am
17th 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
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
17th Jan 18, 4:18pm
21st 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
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
21st Dec 17, 1:09pm
[Updated]
21st 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
[Updated]
OIO blocks takeover of ANZ subsidiary UDC Finance by controversial HNA Group because it can't work out who actually owns the Chinese conglomerate
21st Dec 17, 9:50am
14th 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%
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%
14th Dec 17, 12:52pm
12th 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
ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
12th Dec 17, 10:14am

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