Personal tools
You are here: Home → Bernard Hickey talks to South Canterbury CEO Sandy Maier
Document Actions

Bernard Hickey talks to South Canterbury CEO Sandy Maier

South Canterbury Finance Chief Executive Sandy Maier has talked up the prospect of splitting South Canterbury’s delinquent loans off into a ‘bad bank’, which would create a ‘good bank’ with enough capital to satisfy Reserve Bank capital adequacy rules due to kick in later this year. He was speaking after the release of South Canterbury’s prospectus last week.

Bernard Hickey talks to South Canterbury CEO Sandy Maier

Maier also spoke in a long video interview below with interest.co.nz about South Canterbury’s cash position, its dividend reinvestment rate, its ability to survive without a government guarantee from the end of 2011 and the health of Allan Hubbard.

Interview: South Canterbury CEO Speaks Part 1
Interview: South Canterbury CEO Speaks Part 2
Interview: South Canterbury CEO Speaks Part 3

Read the full article at: http://www.interest.co.nz/ratesblog/index.php/2010/04/19/double-shot-interview-bernard-hickey-talks-to-south-canterbury-ceo-sandy-maier/

Apply for a loan today
Latest News
31-08-2010
Receivers appointed to South Canterbury Finance Limited
31-08-2010
All South Canterbury Finance depositors to be repaid under Crown guarantee
31-08-2010
South Canterbury Finance in Receivership
31-08-2010
South Canterbury Finance confirms appointment of Receiver
23-08-2010
Lowered credit rating for South Canterbury Finance
30-06-2010
Investor Update
22-06-2010
S & P revises SCF credit rating
21-06-2010
South Canterbury Finance and Mr Allan Hubbard
09-06-2010
SCF Update to Investors
09-06-2010
New Chairman for South Canterbury Finance
09-06-2010
South Canterbury Finance to Hold Public Information Meetings
09-06-2010
Increased debt funding provided for South Canterbury Finance, Early debenture rollovers top $170 million
01-06-2010
"South Canterbury at a turning point" Pg 5 The Headliner
31-05-2010
Crown guarantee and SCF Turnaround Unaffected by Ratings Review
31-05-2010
Allan Hubbard Appointed as SCF President for Life
21-05-2010
South Canterbury Finance achieves unaudited breakeven trading result for March 2010 quarter
20-05-2010
Increase in Equity for South Canterbury Finance
19-05-2010
“A South Canterbury tale” - Article written by Rebecca Macfie, New Zealand Listener
11-05-2010
Appointment of Group Treasurer
22-04-2010
Bernard Hickey talks to South Canterbury CEO Sandy Maier
12-04-2010
South Canterbury Finance Audited Half-Year Results and Registration of New Prospectus
06-04-2010
Crown approves South Canterbury Finance for Extended Retail Deposit Guarantee Scheme
01-04-2010
Additional Equity for South Canterbury Finance
23-03-2010
Allan Hubbard Letter to Investors
More news…