Asset Finance

3rd Jul 19, 5:00am
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
3rd Jul 19, 5:00am
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
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
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
13th Sep 18, 2:52pm
Blackstar Capital Group eyes 'significant opportunities' for non-bank financiers in NZ & Australia after taking majority ownership of Asset Finance
Blackstar Capital Group eyes 'significant opportunities' for non-bank financiers in NZ & Australia after taking majority ownership of Asset Finance
13th Sep 18, 2:52pm
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
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 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
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
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
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
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
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
[Updated]
11th Jan 17, 10:19am
ANZ agrees to sell UDC to major asset finance and leasing company HNA Group for $660m; UDC staff to keep their jobs and existing lending to be maintained
[Updated]
ANZ agrees to sell UDC to major asset finance and leasing company HNA Group for $660m; UDC staff to keep their jobs and existing lending to be maintained
11th Jan 17, 10:19am
[Updated]
14th Aug 15, 1:50pm
S&P sees heightened risk for NZ financial institutions from surging Auckland house prices; Big 4 banks' stand-alone credit profiles downgraded
[Updated]
S&P sees heightened risk for NZ financial institutions from surging Auckland house prices; Big 4 banks' stand-alone credit profiles downgraded
14th Aug 15, 1:50pm
3rd Sep 14, 5:21pm
Standard & Poor's revamps credit rating methodology for finance companies moving to more prescriptive approach
Standard & Poor's revamps credit rating methodology for finance companies moving to more prescriptive approach
3rd Sep 14, 5:21pm

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