Essays on ANZ Financial Services across Asia for the 5-Year Period Case Study

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The paper "ANZ Financial Services across Asia for the 5-Year Period" is a perfect example of a finance and accounting case study. Your ANZ Financial Planner can help you start living the life you want. They’ ll also help you discover new opportunities you may not have thought of — from clever ways to protect your lifestyle, to new investment ideas. Because it’ s never too early or too late to start planning for a better tomorrow. Australia and New Zealand Banking Group Limited, commonly called ANZ, is the fourth largest bank by market capitalization in Australia, after the Commonwealth Bank, Westpac Banking Corporation and National Australia Bank. [2] Australian operations make up the largest part of ANZ's business, with commercial and retail banking dominating.

ANZ is also the largest bank in New Zealand, where the legal entity became known as ANZ National Bank Limited in 2003 and changed to ANZ Bank New Zealand Limited in 2012. From 2003 to 2012 it operated two brands in New Zealand, ANZ and the National Bank of New Zealand. The National Bank brand was retired in 2012, with a number of branches closing and others converting to ANZ branches. In addition to operations throughout Australia and New Zealand, ANZ also operates in thirty other nations. ANZ is one of the leading Australian banks in the Asia-Pacific region.

It has been aggressive in its expansion into the emerging markets of China, Vietnam and Indonesia. ANZ is also a leading bank in New Zealand as well as several Pacific Island Nation where it competes in many markets with fellow Australian bank Westpac. ANZ's arm in New Zealand is operated through a subsidiary company, ANZ National Bank, from 2003 to 2012 when it changed to ANZ Bank New Zealand upon merging the ANZ and National Bank brands. In March 2005, it formed a strategic alliance with Vietnam's Sacombank involving an acquisition of 10% of Sacombank’ s share capital.

As part of the strategic alliance, ANZ will provide technical assistance in the areas of risk management and retail and small business banking.

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