ANZ Banking Group (ANZ)

  • By Carole Ann Furman

  • June 3, 2015
  • 6:38 am BST

ANZ Banking Group on the ASX Stock Exchange

Access the latest stock market reports on ANZ Banking Group (ANZ) at the bottom of the page.

Is it time to Buy, Sell or Hold ANZ Banking Group Stocks?

Australia and New Zealand banking group (ANZ) is one of Asia’s largest retail and business banking groups with divisions in Australia, New Zealand, Asia and the South Pacific. ANZ Banking has 4 major business divisions which are:

  • Personal banking
  • Institutional banking
  • New Zealand
  • Asia Pacific

The personal banking side for ANZ mainly serves retail customers in Australia and the Pacific as well as providing finance services through their finance company Esanda Finance Corporation Limited. The personal banking division mainly looks after retail banking, small business banking, consumer finance, Rural banking, mortgages, Insurance and banking products.

ANZ is well established in Institutional business banking and provides and full range of financial services to its business and institutional clients. This ANZ division tailors solutions in the foreign exchange, capital markets, commodities, structured derivatives, private equity, alternative assets and merger acquisitions services.

Not many people are aware but ANZ bank also offers private banking services that cater for high net wealth individuals and family groups, providing these families with a full range of financial solutions. ANZ has also teamed up with ING Group to provide these services and many more.

ANZ Banking Group Quick Facts (as of June 2015)

  • Chairman: Mr David Gonski
  • CEO: Mr Michael Smith
  • Industry Group: Banks
  • Shares on issue: 2,765,980,222
  • Market Cap: Over $90 Billion
  • www.anz.com

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