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UDC Finance

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
[Updated]
26th Oct 17, 10:03am
New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
[Updated]
New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
26th Oct 17, 10:03am
14th 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
The ANZ's not wanting to answer questions about its now protracted sales process for UDC Finance - but it will have to soon
14th Oct 17, 7:24am
10th 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
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
10th Oct 17, 11:29am
[Updated]
9th 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
[Updated]
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
9th Oct 17, 12:26pm
5th 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
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
5th Oct 17, 4:09pm
16th Aug 17, 10:20am
June quarter numbers show the picture changing for the country's biggest bank. Bottom line weakens
June quarter numbers show the picture changing for the country's biggest bank. Bottom line weakens
16th Aug 17, 10:20am
29th 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
UDC Finance depositors offered financial incentive to vote at key meeting ahead of proposed sale of the finance company to HNA Group by ANZ
29th May 17, 5:02pm
26th May 17, 5:02am
TIP Trailer Services boss Bob Fast on the plans for NZ's biggest finance company UDC under new, Chinese ownership
TIP Trailer Services boss Bob Fast on the plans for NZ's biggest finance company UDC under new, Chinese ownership
26th May 17, 5:02am
16th May 17, 11:30am
ANZ NZ ahead of schedule in repaying parent NZ$8 bln worth of inter-company loans
ANZ NZ ahead of schedule in repaying parent NZ$8 bln worth of inter-company loans
16th May 17, 11:30am
12th 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
Chinese conglomerate HNA plans to place NZ finance company UDC under the wing of its large European-Canadian equipment service subsidiary TIP Trailer Services
12th May 17, 5:02am
28th Apr 17, 6:37am
Chinese conglomerate HNA 'will be a good owner' of UDC after the planned $660 million acquisition, ANZ says
Chinese conglomerate HNA 'will be a good owner' of UDC after the planned $660 million acquisition, ANZ says
28th Apr 17, 6:37am
10th 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
ANZ keen to keep KiwiSaver business to itself, Group CEO Shayne Elliott says, as bank mulls future of its wealth operations
10th Apr 17, 5:02am
28th Mar 17, 5:02am
Gareth Vaughan questions whether ANZ's gift horse HNA Group will be good for UDC Finance, its staff, borrowers, depositors, and the NZ financial services sector as a whole
Gareth Vaughan questions whether ANZ's gift horse HNA Group will be good for UDC Finance, its staff, borrowers, depositors, and the NZ financial services sector as a whole
28th Mar 17, 5:02am
23rd Mar 17, 4:02pm
Meeting for 13,500 UDC debenture holders to vote on winding up the finance company's existing $1.6 bln debenture plan set to take place in coming months
Meeting for 13,500 UDC debenture holders to vote on winding up the finance company's existing $1.6 bln debenture plan set to take place in coming months
23rd Mar 17, 4:02pm

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