Finance Companies
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
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Gareth Vaughan hopes UDC will be allowed to stick to its knitting whatever eventuates from ANZ's attempts to sell the finance company
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
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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
Aussie parent FlexiGroup bringing the curtain down on Fisher & Paykel Finance's long-running deposit programme with existing depositors to be repaid
31st Jan 18, 5:20pm
Aussie parent FlexiGroup bringing the curtain down on Fisher & Paykel Finance's long-running deposit programme with existing depositors to be repaid
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
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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 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
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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
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
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%
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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ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition
1st Dec 17, 2:11pm
SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition
A 'fast cash short term loan' finance company tempts investors with 10% pa for a first ranking security position, to fund loans that carry a cost of credit more than twenty times as high
28th Nov 17, 11:14am
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A 'fast cash short term loan' finance company tempts investors with 10% pa for a first ranking security position, to fund loans that carry a cost of credit more than twenty times as high
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
27th Oct 17, 11:29am
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
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
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The ANZ's not wanting to answer questions about its now protracted sales process for UDC Finance - but it will have to soon
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
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
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
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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
Warehouse financial services acquisition to take SBS Bank into credit cards and beef up its fast growing subsidiary Finance Now
12th Sep 17, 12:52pm
Warehouse financial services acquisition to take SBS Bank into credit cards and beef up its fast growing subsidiary Finance Now
Consumer credit contract providers celebrate successfully lobbying the Government to exempt them from new financial advice regulation
11th Aug 17, 9:32am
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Consumer credit contract providers celebrate successfully lobbying the Government to exempt them from new financial advice regulation
SBS Bank's fast growing finance company Finance Now pushes into the credit card market with Warehouse acquisition
25th Jul 17, 10:04am
SBS Bank's fast growing finance company Finance Now pushes into the credit card market with Warehouse acquisition
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
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UDC Finance depositors offered financial incentive to vote at key meeting ahead of proposed sale of the finance company to HNA Group by ANZ
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
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TIP Trailer Services boss Bob Fast on the plans for NZ's biggest finance company UDC under new, Chinese ownership
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
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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
What happened while this newsletter has been away: UDC sold, mortgage rates hiked, bank executive appointments, property market cools & more
23rd Jan 17, 11:35am
What happened while this newsletter has been away: UDC sold, mortgage rates hiked, bank executive appointments, property market cools & more
Vehicle financing growth a key feature of KPMG's annual non-bank financial institution performance survey as P2P's sustainability is questioned
15th Dec 16, 4:31pm
Vehicle financing growth a key feature of KPMG's annual non-bank financial institution performance survey as P2P's sustainability is questioned
'Flexi Cards' to fully replace Fisher & Paykel Finance name within about 12 months following takeover by Australia's FlexiGroup
14th Dec 16, 4:31pm
'Flexi Cards' to fully replace Fisher & Paykel Finance name within about 12 months following takeover by Australia's FlexiGroup
ANZ in this country is not commenting on seemingly informed speculation its finance arm is about to be sold to Chinese conglomerate HNA Group
28th Nov 16, 2:03pm
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ANZ in this country is not commenting on seemingly informed speculation its finance arm is about to be sold to Chinese conglomerate HNA Group
Despite the potential sale of ANZ's wealth business in Australia, ANZ NZ CEO says local wealth unit is 'travelling well' & there's no urgency for change
4th Nov 16, 10:58am
Despite the potential sale of ANZ's wealth business in Australia, ANZ NZ CEO says local wealth unit is 'travelling well' & there's no urgency for change
S&P downgrades UDC's credit rating by 3 notches saying parent ANZ may sell NZ's biggest finance company within a year
25th Oct 16, 2:31pm
S&P downgrades UDC's credit rating by 3 notches saying parent ANZ may sell NZ's biggest finance company within a year