Tag: ANZ Bank New Zealand

May 18, 2018 BY Valentina Kirilova

ANZ to sell its 55% stake in Cambodian JV ANZ Royal Bank

ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…

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February 15, 2018 BY Valentina Kirilova

ANZ finalises sale of six Asian retail and wealth businesses

ANZ Bank New Zealand 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…

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ANZ ends its $3 billion share buy-back program
January 12, 2017 BY Valentina Kirilova

ANZ agrees to sell UDC Finance

Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ) announced an agreement to sell UDC Finance, the asset finance business of its wholly owned subsidiary ANZ Bank New Zealand, to HNA Group, a global company focused on tourism, logistics and financial services. The sale reflects a continued focus by ANZ…

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