The receivers for South Canterbury Finance say they’re fielding plenty of inquiries about buying the collapsed company’s assets.

South Canterbury Finance was placed in receivership late last month, triggering a $1.6b bailout from the Government under its Retail Deposit Guarantee Scheme.

Receivers Kerryn Downey and William Black from McGrath Nicol were unavailable for comment, but said in a statement they had made good progress stabilising the company’s operations, and taken many expressions of interest from prospective buyers.

Meanwhile earthquake-hit Canterbury farmers are keeping quiet on repayments of South Canterbury Finance loans.

Several major banks have granted those affected by the quake mortgage holidays, but it’s not clear where loans with the collapsed finance company stand.

Federated Farmers President Don Nicolson says farmers are happy to keep it that way.