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In
addition to operations throughout
Australia and New Zealand, ANZ
also extends itself to twenty-five
other nations. It is one of the
leading banks in the South Pacific
and in Asia.
ANZ
posted a net profit of A$3.69
billion for the year ended September
30, 2006. ANZ recorded revenue
growth of 8.4 per cent in the
year ended September 30, with
group operating revenue of A$10.15
billion and assets of $335 billion.
The
1800s
1835: ANZ began in London when
The Bank of Australasia was established
under Royal Charter
1837:The Union Bank of Australia
was established. This was an Anglo-Australian
bank
1852: The English, Scottish and
Australian Bank (ES&A) was
established in 1852. This was
an Anglo-Australian bank
The 50s to 60s
An ANZ newspaper ad from 1957.1951:
The Bank of Australasia merges
with the Union Bank of Australia
to form ANZ Bank
1966: Starts operations in Honiara,
Solomon Islands
1968: Opens office in New York,
USA
1969: Establishes representative
office in Tokyo, Japan
The 70s
1970: In what was then the largest
merger in Australian banking history,
ANZ merged with the English, Scottish
and Australian Bank Limited to
form the present organisation,
Australia and New Zealand Banking
Group Limited
Starts operations in Vanuatu
1971: Opens representative office
in Malaysia
1976: ANZ (PNG) established
1977: ANZ incorporated in Australia
(transfer from UK)
1979: Acquires the Bank of Adelaide
The
Bank of Adelaide was founded in
1865 in Adelaide, the capital
of South Australia. It was incorporated
by an act of the Parliament of
South Australia. It was taken
over in 1979 by ANZ, and merged
into that organisation, after
bailing out a subsidiary finance
company (the Finance Corporation
of Australia) that had lent too
much to people without the security
to cover the loans. It should
not to be confused with the Adelaide
Bank, a totally separate bank.
The 80s
1980: Singapore and New York representative
offices upgraded to branch status
1984: Purchases Grindlays Bank
1985:
Acquires Barclays’ operations
in Fiji and Vanuatu
Receives full commercial banking
licence and opens branch in Frankfurt,
Germany
Announces ANZ Singapore Limited
Opens representative office in
Bangkok, Thailand
1988:
Opens branch in Rarotonga, Cook
Islands
Opens branch office in Paris,
France
1989: Purchases PostBank from
New Zealand Government
The 90s
ANZ World Headquarters. Affectionately
known as Gotham City due to its
architecture. Queen Street, Melbourne.1990:
Acquires National Mutual Royal
Bank Limited
Acquires Lloyds’ operations
in Papua New Guinea
Acquires Bank of New Zealand’s
operations in Fiji
Acquires Town and Country Building
Society in Western Australia
1991:
Acquires 75 per cent of Bank of
Western Samoa
Opens representative office in
the Philippines
1993:
New world headquarters built in
Melbourne, Australia
Joint venture established with
PT Panin Bank, Indonesia
Opens a branch in Hanoi and a
representative office in Ho Chi
Minh City, Vietnam
Opens a branch in Shanghai and
a representative office in Guangzhou,
China
Starts operations in Tonga
Sold Canadian operations to HSBC
Bank Canada
1995:
Opens a commercial banking branch
in Manila, Philippines, the first
Australian and New Zealand bank
to do so
1996:
www.anz.com launched
ANZ opens its second Vietnamese
branch at Ho Chi Minh City
1997:
John McFarlane appointed Chief
Executive Officer
ANZ Phone Banking launched
Official opening of Beijing branch,
China
Bank of Western Samoa changes
its name to ANZ Bank (Samoa)
1998: Acquires stake in PT Panin
Bank, Indonesia
1999:
ANZ Internet Banking launched
ANZ announces strategic alliance
with E*Trade Australia for online
share trading service
Purchases Amerika Samoa Bank
The 00s
2000:
ANZ sells its Grindlays businesses
in the Middle East and South Asia,
and associated Grindlays Private
Banking business, to Standard
Chartered
Granted local currency (Renminbi)
licence from the People’s
Bank of China
2001:
Acquires 75 per cent of Bank of
Kiribati
ANZ Timor Leste opens
Establishes cards business in
Hong Kong
2002:
Forms joint venture with ING Group
for funds management and life
insurance business in Australia
and New Zealand
One millionth customer registers
for ANZ Internet Banking in Australia
2003:
Acquires National
Bank of New Zealand
The
National Bank of New Zealand (NBNZ)
is one of New Zealand's largest
banks. It is a wholly owned subsidiary
of the Melbourne-based Australia
and New Zealand Banking Group
Limited (ANZ). Throughout much
of its history, the National Bank
has provided banking services
to mainly rural, personal, and
small business customers.
1872:
NBNZ was founded in London as
an overseas bank and shared many
directors with Lloyds Bank.
1872: NBNZ Established branches
in Wellington, Auckland, and Christchurch
and acquired 13 branches from
ailing Bank of Otago (1863-73).
1873: The National Bank of New
Zealand (Ltd) Act gave NBNZ the
right to issue banknotes redeemable
(in specie or gold).
1919: Lloyds Bank acquired a small
interest in NBNZ.
1966: Lloyds Bank purchased NBNZ
outright.
1969: NBNZ established a branch
in Rarotonga, Cook Islands.
1978: NBNZ moved its head office
from London to Wellington.
1986: NBNZ sold its banking license
in Rarotonga to European Pacific
Banking Co.
1987: NBNZ acquired Southpac Investment
Management Limited
1992: NBNZ purchased The Rural
Bank Limited, the former New Zealand
Government owned bank from Fletcher
Challenge
1998: NBNZ purchased Countrywide
Banking Corporation from Bank
of Scotland.
2003: ANZ purchased NBNZ from
Lloyds TSB.
2005: Chief Executive Sir John
Anderson retired. He had been
Chief Executive of the National
Bank since its acquisition of
the Rural Bank and was head of
the ANZ-National Bank's New Zealand
operations.
The National Bank's distinctive
Black Horse logo dates back to
1677 London when Humphrey Stockes
adopted it as sign for his shop.
Stokes was a goldsmith and 'keeper
of the running cashes', an early
term for banker. When Lloyds Bank
took over the site in 1884 it
retained the horse as its symbol.
The Black Horse became the symbol
of the National Bank of New Zealand
in 1978 when the bank transferred
its Head Office from London to
New Zealand. When ANZ bought NBNZ,
it also bought the right to continue
to use the Black Horse logo for
seven years.
2006: New world headquarters announced
for Melbourne Docklands
Organizational Structure of the
bank
Personal Banking
Retail
Banking
Regional & Rural Banking
Banking Products
Mortgages
Consumer Finance
Investment & Insurance Products
Small Business
Pacific
Esanda
Institutional Banking
Client
Relationship Group
Corporate & Structured Finance
Markets
Debt & Transaction Services
Corporate Banking
Business Banking
Asia
Economics@ANZ
Operations & Shared Services
New Zealand division
ANZ
New Zealand
The National Bank
Other Business units
International
Partnerships
ING Australia
Private Bank
Shared Services
Technology
Payments
Shared Services
Operational & Technology Risk
Property
OTSS India
Corporate Centre
Group
Financial Management
Internal Audit
Corporate Communications
Group Corporate Affairs
People Capital and Breakout
Risk Management
Group Strategic Development
Asia-Pacific
ANZ is one of the leading Australian
bank in the Asia-Pacific region.
It has been aggressive in its
expansion into the emerging markets
of China, Vietnam, and Indonesia.
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.
ANZ
has followed a similar strategy
in China, where it acquired a
20% share in Tianjin City Commercial
Bank in July 2006. It is also
expected to complete a similar
deal with Shanghai Rural Commercial
Bank by December 2006.
Community involvement
ANZ is involved in Community Services
such as conducting financial literacy
to minor and adult citizens of
Australia.
The
organisation also participates
in the Australian Government's
Greenhouse Challenge and the Carbon
Disclosure Project which aims
to greatly trim down environmental
perils in the long run.
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