ANZ Bank
Encyclopedia : A : AN : ANZ : ANZ Bank
The Australia and New Zealand Banking Group Limited (Australia And New Zealand Banking Group Limited; ASX: [ANZ], NZX: [ANZ], NYSE: [ANZ]) is the third largest bank in Australia, after the National Australia Bank and the Commonwealth Bank. In addition to operations throughout Australia and New Zealand (where the legal entity became known as the ANZ Bank Group Ltd in 2004), it also extends itself to twenty-five other nations.
ANZ is one of the ten largest and most successful companies in Australia and one of the leading banks and one of the largest companies in New Zealand. It is also the one of the leading banks in the South Pacific and in Asia.
Other countries
Other countries where you will find ANZ branches:
History
The 1800s
- 1835: ANZ began in London when The Bank of Australasia was established under Royal charter
- 1837:The Union Bank of Australia was established. This was an Anglo-Australian bank
- 1852: The English, Scottish and Australian Bank was established in 1852. This was an Anglo-Australian bank
The 50s to 60s
- 1951: The Bank of Australasia merges with the Union Bank of Australia to form ANZ Bank
- 1966: Starts operations in Honiara, Solomon Islands
- 1968: Opens office in New York, USA
- 1969: Establishes representative office in Tokyo, Japan
The 70s
- 1970: In what was then the largest merger in Australian banking history, ANZ Bank merged with the English, Scottish and Australian Bank Limited to form the present organisation, Australia and New Zealand Banking Group Limited
- Starts operations in Vanuatu
1971: Opens representative office in Malaysia1976: ANZ (PNG) established1977: ANZ incorporated in Australia (transfer from UK)1979: Acquires the Bank of Adelaide
The 80s
- 1980: Singapore and New York representative offices upgraded to branch status
- 1984: Purchases Grindlays Bank
- 1985:
- Acquires Barclays’ operations in Fiji and Vanuatu
- Receives full commercial banking licence and opens branch in Frankfurt, Germany
- Announces ANZ Singapore Limited
- Opens representative office in Bangkok, Thailand
1988:Opens branch in Rarotonga, Cook Islands
Opens branch office in Paris, France
1989: Purchases PostBank from New Zealand GovernmentThe 90s
Acquires National Mutual Royal Bank Limited
Acquires Lloyds’ operations in Papua New Guinea
Acquires Bank of New Zealand’s operations in Fiji
Acquires Town and Country Building Society in Western Australia
Acquires 75 per cent of Bank of Western Samoa
Opens representative office in the Philippines
Joint venture established with PT Panin Bank, Indonesia
Opens a branch in Hanoi and a representative office in Ho Chi Minh City, Vietnam
Opens a branch in Shanghai and a representative office in Guangzhou, China
Starts operations in Tonga
Sold Canadian operations to HSBC Bank Canada
Opens a commercial banking branch in Manila, Philippines, the first Australian and New Zealand bank to do so
www.anz.com launched
ANZ opens its second Vietnamese branch at Ho Chi Minh City
John McFarlane appointed Chief Executive Officer
ANZ Phone Banking launched
Official opening of Beijing branch, China
Bank of Western Samoa changes its name to ANZ Bank (Samoa)
1998: Acquires stake in PT Panin Bank, Indonesia
ANZ Internet Banking launched
ANZ announces strategic alliance with E*Trade Australia for online share trading service
Purchases Amerika Samoa Bank
The 00s
ANZ sells its Grindlays businesses in the Middle East and South Asia, and associated Grindlays Private : : Banking business, to Standard Chartered
Granted local currency (Renminbi) licence from the People’s Bank of China
2001:Acquires 75 per cent of Bank of Kiribati
ANZ Timor Leste opens
Establishes cards business in Hong Kong
2002:Forms joint venture with ING Group for funds management and life insurance business in Australia and New Zealand
One millionth customer registers for ANZ Internet Banking in Australia
2003: Acquires National Bank of New Zealand.
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
