Wellington, Oct 16 NZPA - Timaru businessman Allan Hubbard believes the Government could lose up to $1 billion for not supporting a bid to buy South Canterbury Finance (SCF).

Wellington, Sept 17 NZPA - The receivers of South Canterbury Finance Ltd (SCF) have received more than 150 inquiries from local and overseas investors interested in buying various company assets.

Wellington, Sept 10 NZPA - The receivers of South Canterbury Finance Ltd (SCF) are continuing to receive inquiries from prospective purchasers of the collapsed finance company's assets and are reassuring qualifying customers of ongoing funding.

Wellington, Sept 2 NZPA - Wealthy investors pulling money out of South Canterbury Finance (SCF) to get below new limits for the Government's deposit guarantee scheme appear to have compounded the woes of the Timaru-based finance company.

Wellington, Sept 1 NZPA - The focus turned today to who will buy the assets of South Canterbury Finance and the unintended consequences of the Retail Deposit Guarantee Scheme.

Wellington, Aug 31 NZPA - The New Zealand dollar lost about a cent in the last 24 hours after business confidence weakened and the government bailed out significant lender South Canterbury Finance (SCF).

Wellington, Aug 31 NZPA - Treasury has already paid the South Canterbury Finance trustees $1.6 billion in a taxpayer bail-out of the beleaguered company, which has gone into receivership.

Wellington, Aug 31 NZPA - Receivers have been called in to South Canterbury Finance (SCF), with Trustees Executors Limited appointing Kerryn Downey and William Black of McGrathNicol. SCF today said it has been unable to complete a recapitalisation and restructure.

Wellington, Aug 31 NZPA - Receivers have been appointed to South Canterbury Finance. The company today said it has been unable to complete a recapitalisation and restructure.

Wellington, Aug 27 NZPA - The future of ailing finance company South Canterbury Finance (SCF), placed in a trading halt today, may be decided on Monday, with two investment offers understood to be on the table.