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Briefs: Goldfields to meet to consider Finsure plan, Robobank steps up with FMD offset solution.

07 August 2018 4:47PM
Goldfields Money shareholders will meet in Perth on 7 September 2018 to consider the bank's planned amalgamation with mortgage aggregator Finsure.  The independent expert, Ernst & Young, in a report for shareholders yesterday "assessed the portfolio interest value of Goldfields Money Shares following the implementation of the Finsure transaction of $1.43 per share." The bank's shares closed yesterday at $1.21. Rabobank said yesterday it would offer loan clients assistance towards offsetting interest on their farm management deposits against loan interest. Rabobank Australia CEO Peter Knoblanche said clients would receive further details on the bank's FMD offset solution in coming weeks.

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