ANZ finalises sale of six Asian retail & wealth businesses
News Release
For Release: 15 February 2018
ANZ finalises sale of six Asian retail and wealth businesses
ANZ today advised it has finalised the sale of its previously announced six retail and wealth
businesses in Asia, allowing it to further focus on institutional and large corporate customers
moving goods and capital across the region.
Originally announced in October 2016, ANZ has now successfully transferred its retail and
wealth businesses in Indonesia, China, Hong Kong, Taiwan and Singapore to DBS Bank. ANZ
also finalised the sale of its retail business in Vietnam to Shinhan Bank at the end of 2017.
ANZ Group Executive, International Farhan Faruqui said: “ With the sale of these retail
businesses in Asia now finalised, we can further strengthen our focus on supporting large
corporate and institutional customers moving goods and capital across the region.”
For media enquiries contact:
Stephen Ries; +61-409-655-551
Australia and New Zealand Banking Group Limited ABN 11 005 357 522
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.