News: ABA Auswide Bank receives prudential approvals for YCU Merger

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    April 28 (Reuters) - Auswide Bank Ltd (ABA) :

    • Auswide Bank receives prudential approvals for ycu merger
    • Received the necessary prudential regulatory approvals required to implement the merger with Queensland professional credit union
    • Says second court hearing in relation to the scheme of arrangement is expected to be held on Tuesday, 3 may 2016
    • Says in addition, ycu has received approval under the banking act 1959 (cth) to give effect to the merger proposal

 
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