Has your car loan just been sold?
ANZ has sold its car loan and finance business, Esanda, to Macquarie Group for $8.23 billion.
Esanda currently has loans on issue worth in total about worth about $7.8 billion.
ANZ CEO Australia Mark Whelan said Macquarie are ideally placed to provide support to Esanda customers.
Macquarie Leasing’s car finance portfolio will increase from $9 billion to approximately $17 billion.
Source: Mortgage Business