Feb 2 (Reuters) - Bank of Queensland (BOQ) said on Friday it has agreed to sell its New Zealand asset portfolio to UDC Finance, as a part of its efforts to streamline the bank's operating model.
As at Jan. 31, the size of the NZ portfolio was NZ$238 million ($145.94 million), the company said, adding that the deal provides for the sale of the portfolio at 91% of book value. ($1 = 1.6308 New Zealand dollars)
News: BOQ Bank of Queensland to sell NZ asset portfolio
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Last
$8.02 |
Change
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Mkt cap ! $5.304B | |||
| Open | High | Low | Value | Volume |
| $8.02 | $8.03 | $7.99 | $1.004M | 125.4K |
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|---|---|---|
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