News Bites

ANZ completes UDC sale

Tuesday 1st of September 2020

UDC Finance chief executive Wayne Percival said the sale to Shinsei Bank for NZ$794 million would position UDC to continue as New Zealand’s largest non-bank lending institution.

“Shinsei Bank’s strong funding, international experience and reach, coupled with its deep asset finance experience, will be a real advantage in accelerating the growth of UDC in New Zealand,&ld...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.