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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

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

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Jenny Ruth
Mon, 18 Apr 2016
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ANZ Bank may sell its UDC Finance arm for up to $700m
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