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Australia and New Zealand Banking Group Ltd. — Capital/Financing Update 2019
Aug 18, 2019
10425_rns_2019-08-18_867e5749-5fb7-4c59-a692-8b67829ad1e8.pdf
Capital/Financing Update
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News Release
For release: 19 August 2019
ANZ completes sale of ANZ Royal stake
ANZ today announced it has completed the sale of its 55% stake in Cambodian joint-venture ANZ Royal Bank to J Trust.
The previously announced sale is in line with ANZ’s strategy to simplify its business and operate wholly-owned Institutional businesses in the region.
J Trust is a Japanese diversified financial holding company listed on the Tokyo Stock Exchange with operations in five countries including banking operations in South Korea and Indonesia.
ANZ’s Institutional Bank has a presence in 14 different markets in Asia and was ranked No. 1 for overall quality in relationships in Asia by Greenwich Associates in 2019.
For media enquiries contact:
Noel Cheung; +852-6371 3285 [email protected]
Australia and New Zealand Banking Group Limited ABN 11 005 357 522