ANZ to Review Retail Unit in Asia
Australian and New Zealand (ANZ) Banking Group is reviewing the company’s retail operations in Asia as it continues to slash costs and boost returns. The move is expected to strengthen the bank’s balance sheet, helping it to meet capital rules that Australian and global regulators are enforcing.
News Source: Finews Asia
The Australia and New Zealand Banking Group Limited (ASX:ANZ) first opened as the Bank of Australasia in Sydney in 1835 and in Melbourne from 1838. Its history involves many different bank prior to the merger of the Bank of Australia with the Union Bank of Australia Limited on 1 October 1951. Today, it provides a range of banking and financial products and services to over 9 million customers in 34 countries in Australia, New Zealand, throughout Asia and the Pacific, and in the Middle East, Europe, and America.
- Origin : Melbourne, Australia
- Assets : $ 889.90 billion
- Revenue : $ 36.98 billion
- Employees : 50,152
Official Website: www.anz.com
News & Media: Press Release
Updated on 8th August 2016