Australia and New Zealand Banking Group (ANZ)

Shares / Stock Code

ANZ

Stock Exchange / Sharemarket

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Australia and New Zealand Banking Group (ANZ) provides a wide range of financial products and services to individuals, small businesses, corporate, institutional and rural clients in Australia and New Zealand. Through a joint venture with ING, ANZ also provides funds management and insurance services. The company was listed on the Australian Stock Exchange on the 30th of September 1969. Charles B Goode is the Chaiman and Michael Smith s the CEO.

Australia and New Zealand Banking Group (ANZ) Company History

Australia and New Zealand Banking Group's (ANZ's) predecessor, Bank of Australasia was established in 1835 in London under royal charter. In 1951, the Bank of Australia merged with the Union Bank of Australasia to form ANZ Bank. In 1970, ANZ Bank merged with the English, Scottish and Australian Bank Limited to form the present organization, Australia and New Zealand Banking Group. Following the merger, ANZ made several important acquisitions. ANZ acquired the Bank of Adelaide in 1979; Grindlays Bank in 1984; the Barclays operations in Fiji and Vanuatu in 1985; and PostBank, New Zealand in 1989. In 1990, it acquired the National Mutual Royal Bank, Town and Country WA Building Society, Lloyds' operation in Papua New Guinea and the Bank of New Zealand’s Fiji operations.

In Asia: ANZ entered Vietnem and China by opening branches in Hanoi and Shanghai and representative offices in Ho Chi Minh City and Guangzhou in 1993. It also formed a joint venture with PT Panin Bank, Indonesia in the same year The bank opened a commercial banking branch in Manilla, Philippines in 1995.

In 1996, ANZ joined a smart card joint venture with Mondex, CBA, NAB and Westpac. During 1999, ANZ launched its Internet banking service and announced a strategic alliance with E*Trade Australia to develop its on-line share trading service. It also acquired Amerika Samoa Bank in the same year. ANZ announced the sale of its Grindlays businesses in the Middle East and South Asia, and associated Grindlays Private Banking business, to Standard Chartered in 2000.

The company acquired 75% stake in Bank of Kiribati in 2001 and in 2002, it entered into a joint venture with ING for funds management and life insurance business in Australia and New Zealand. In late 2003, ANZ acquired the National Bank of New Zealand from Lloyds TSB. This made ANZ the largest bank in New Zealand.

Australia and New Zealand Banking Group (ANZ) Products and Services

  • ANZ Services for Individuals
    • Credit cards
    • Internet banking
    • Home loans
    • Personal loans
    • Transaction and savings accounts
  • ANZ Financial Advisory Services
    • Fund management
    • Insurance
    • Investment Services
    • Online share investing
    • Private banking
    • Retirement income
    • Superannuation solutions
    • Trust Services
  • ANZ Business Services
    • Business transaction accounts
    • Commercial credit cards
    • Merchant payment solutions
  • ANZ Corporate Services
    • Cash management
    • Commercial Bills
    • Corporate finance
    • Custodian services
    • Debt origination and syndication
    • Indemnity guarantees
    • Interest rates derivatives
    • Key person insurance
    • Promissory notes
    • Project finance
    • Risk management solutions
    • Securitisation
    • Short term money markets investment
    • Structured finance
    • Trade finance
  • ANZ Rural Services
    • Farm insurance
    • Seasonal financing

ANZ Competitors

Australia and New Zealand Banking Group (ANZ) Locations and Subsidiaries

Australia and New Zealand Banking Group Head Office
Level 6, 100 Queen Street
Melbourne, Victoria 3000
Australia
P: 61 3 9273 6141
F: 61 3 9273 6142

ANZ Wellington Office
ANZ Tower
215-229 Lambton Quay
Wellington, New Zealand
P: 64 800 269 296

Australia and New Zealand Banking Group (ANZ) UK Office
Minerva House
Montague Close
London SE1 9DH
United Kingdom
P: 44 207 378 2121
F: 44 207 378 2378

Australia and New Zealand Banking Group (ANZ) United States Office
1177, Avenue of the Americas
New York, NY 10036
United States
P: 1 212 801 9721
F: 1 212 801 9859

ANZ Sydney Office
ANZ Securities
20 Martin Place
Sydney NSW 2000
Australia
P: 61 2 9226 6952
F: 61 2 9273 1622

Australia and New Zealand Banking Group
75 Dorcas Street
South Melbourne, Victoria 3205
Australia
P: 61 3 9683 9999

ANZ Trade and Transaction Services
530 Collins Street
Melbourne VIC 3000
Australia
P: 61 800 658 793
F: 61 3 9273 1983

Australia and New Zealand Banking Group (ANZ) Share Price

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Submitted by Share Trading on 4 February, 2008 - 14:21