Australia and New Zealand Banking Group: A bank offering financial products and services
Hey, this is Stocks_Pedia.
Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $AUST AND NZ BANKING GROUP(ANZ.AU)$.
It went public on 1th April 1999.
[Company Profile]
Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia, New Zealand, the Asia Pacific, Europe, and the Americas.
The company's Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third party brokers, as well as offers financial planning services.
[History & Events]
1835: The Bank of Australasia was founded in London.
1951: The Bank of Australasia merged with Union Bank of Australia to form the Australia and New Zealand Bank Limited (ANZ Bank).
1966: ANZ began operations in Honiara, Solomon Islands.
1968: ANZ opened an office in New York, USA.
1969: ANZ established a representative office in Tokyo, Japan.
1970: ANZ merged with the English, Scottish and Australian Bank Limited to form the present organisation, Australia and New Zealand Banking Group Limited.
1977: ANZ transferred its incorporation from the UK to Australia. In 1979, ANZ acquired the Bank of Adelaide.
1985: ANZ acquired Barclays’ operations in Fiji and Vanuatu.
1989: ANZ purchased PostBank from New Zealand Government.
1990: ANZ purchased Lloyd Bank's operations in Papua New Guinea and the Bank of New Zealand's operations in Fiji.
1993: ANZ established new headquarters in Melbourne, Australia.
1990: ANZ opened new branches in several locations, including Manila, Philippines, and Ho Chi Minh City, Vietnam.
1999: ANZ formed a strategic alliance with E Trade Australia for online share trading and purchased Amerika Samoa Bank.
2000: ANZ sold its Grindlays businesses in the Middle East and South Asia, and associated Grindlays Private Banking business to Standard Chartered.
2001: ANZ opened branches in Timor Leste and began offering credit card services in Hong Kong.
2002: ANZ formed a joint venture with ING Group for wealth management and life insurance business in Australia and New Zealand.
2005: ANZ established the ANZ Royal Bank in Cambodia, a joint venture with the Cambodian-based Royal Group company.
2006: ANZ announced a new world headquarters in the Melbourne Docklandsand invested in the Bank of Tianjin, China.
2007: ANZ acquired E Trade Australia and Citizen Securities Bank in Guam.
2009: ANZ purchased the Royal Bank of Scotland's (RBS) operations in six Asian countries for $550 million.
2010: ANZ acquired the RBS' interests in Hong Kong, Taiwan, Singapore and Indonesia.
2012: ANZ announced the retirement of the National Bank brand in New Zealand.
2013: ANZ became the first bank to reopen in the Christchurch CBD following the 2011 earthquakes.
2016: ANZ partnered with Apple Inc. to bring Apple Pay to its customers.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
$NATIONAL AUSTRALIA BANK LIMITED(NAB.AU)$
$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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