ANZ Bank may sell its UDC Finance arm for up to $700m
ANZ Bank has confirmed it is reviewing UDC Finance but says no decision has been made on selling it yet. With special feature audio.
Jenny Ruth
Mon, 18 Apr 2016
UPDATED April 19 2016: Potential buyers line up for ANZ Bank's UDC finance business
ANZ Bank may sell its finance company, UDC Finance, as it looks to scale back to its core banking operations and to boost its capital to meet an increasing regulatory burden.
ANZ has confirmed it is reviewing UDC
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Subscribe Now
Monthly Premium Online Subscription
NZ$44.95 / monthly
Subscribe Now
Smartphone Only Subscription
NZ$24.95 / monthly
Subscribe Now
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Subscribe Now
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Subscribe Now
Already have an account? Login
Jenny Ruth
Mon, 18 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.