5 November 2008
Westpac Statement regarding Allco Finance Group
Following the appointment of voluntary administrators and receivers to Allco
Finance Group Limited (Allco), Westpac today confirmed it has exposure to Allco
totalling approximately $200 million.
Westpac will review the implications of the appointment of the voluntary
administrators to Allco and adjust existing provisions as required.
Ends.
statement re allco finance group
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