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ANZ NZ completes sale of UDC Finance to Shinsei Bank

01/09/2020, 11:32 NZST, TRANSACT

NZX Release 1 September 2020 ANZ NZ completes sale of UDC Finance to Shinsei Bank ANZ Bank New Zealand Limited (ANZ NZ) today announced it has successfully completed the sale of its asset finance business, UDC Finance, to Shinsei Bank Limited. The sale, originally announced in June 2020, followed a strategic review by ANZ NZ and is in line with its strategy to simplify the business. For media enquiries contact Stefan Herrick, 021 748 492 End CA:00359051 For:ANB Type:TRANSACT Time:2020-09-01 11:32:52