UDC

UDC chief executive Wayne Percival said in June the company was experiencing growth in lending to vital sectors.

S&P gets more negative on UDC’s Chinese buyer

Wed 29 Nov 5

HNA Group seen as increasingly vulnerable.  

There's mounting questions over whether chairman Chen Feng really controls HNA, the New York Times reports.

UDC deal still on track, says ANZ

Thu 23 Nov

Chinese buyer seeks extension on debt due tomorrow.  

Hainan Airlines founder Chen Feng “leads new executives in a recitation of HNA’s core values"

UDC buyer caught up in Chinese debt probe

Fri 23 Jun 6

China’s banking regulator is reportedly concerned about high leverage.    

Finance company UDC plays down impact of new ownership

Thu 25 May 1

Details of new funding arrangements to be released soon.  

UDC Finance chief executive Wayne Percival

ANZ sells UDC Finance to China's HNA Group for $660 million

Wed 11 Jan 12

Heartland misses out.

ANZ Bank New Zealand chief executive David Hisco

UDC deposits shrink as ANZ ownership question weighs on some investors

Wed 14 Dec 5

The Auckland-based non-bank deposit taker's debenture funding shrank to $1.59 billion as at September 30 from $1.74 billion a year earlier.

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