Tag: ANZ

March 24, 2017 BY Valentina Kirilova

ANZ announces update on interest rates

ANZ today announced an update on variable home loan and business loan interest rates. Principal and interest owner-occupier home lending Variable interest rates for the 80% of owner-occupier borrowers who repay principal and interest on their standard variable home loan remain unchanged at 5.25%pa. Investor home lending The variable interest rate paid by property investors…

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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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ANZ ends its $3 billion share buy-back program
January 03, 2017 BY Valentina Kirilova

ANZ sells its 20% stake in Shanghai Rural Commercial Bank

Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), today announced it had reached agreement to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) to China COSCO Shipping Corporation Limited and Shanghai SinoPoland Enterprise Management Development Corporation Limited. The agreement will see COSCO and Sino-Poland Enterprise each acquire…

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December 16, 2016 BY Valentina Kirilova

ANZ Director Ian Macfarlane retires

Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), today announced that having served almost ten years on the ANZ Board, Ian Macfarlane will retire as a Non-Executive Director at the conclusion of the 2016 Annual General Meeting being held today. Chairman of the Board, David Gonski commented: Ian has…

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November 25, 2016 BY Valentina Kirilova

ANZ and ACCC reach settlement over Singapore submissions for Malaysian Ringgit derivatives trading

Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), has announced it has reached an agreed settlement with the Australian Competition and Consumer Commission (ACCC) in relation to conduct associated with Non-Deliverable Forward FX contracts for the Malaysian Ringgit undertaken in Singapore during 2011. In a Statement of Agreed Facts…

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November 09, 2016 BY Valentina Kirilova

David Plank appointed Head of Australian Economics

ANZ has announced that David Plank will join as Head of Australian Economics reporting to Richard Yetsenga, ANZ Chief Economist. Mr Plank joins ANZ from Deutsche Bank, where he held the positions of Head of Fixed Income and Credit Research Asia Pacific and Head of Macro Research and Strategy Australia & New Zealand. Prior to…

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November 07, 2016 BY Valentina Kirilova

ANZ replaces CIO with Dimension Data cloud chief Gerard Florian

Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), has announced the appointment of Gerard Florian as Group Executive Technology reporting to Chief Executive Officer Shayne Elliott. Florian joins ANZ from Dimension Data where he was Chief Strategy Officer for the global Cloud Business Unit. Over the past five years,…

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