Westpac (ASX:WBC) completes sale of wholesale dealer loan book

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English - December 20, 2021 00:00 - 1000 KB
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20 Dec 2021 - Westpac (ASX:WBC) has completed the sale of its wholesale dealer loan book of around $1 billion in receivables. The news comes after the announcement in June, of Westpac’s (ASX:WBC) intention to sell its vehicle dealer finance and novated leasing businesses to Angle Auto Finance.