News
Allied Nationwide taps parent for another $5 million
Tuesday 1st of June 2010
The finance company said Allied Farmers will double its credit support facility to $10 million after Allied Nationwide announced it expects to recognise total loan provisions of about $10.7 million in the six months ended June 30 this year.
The provision is subject to audit, and the increase in the facility still has the final approvals to be obtained.
Allied Farmers wrote down th...
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