Australia & New Zealand Banking Group Limited, commonly known as ANZ, is a major banking group headquartered in Melbourne, Australia. The company provides financial services to individuals, businesses, institutional clients and government entities, with operations focused primarily on Australia and New Zealand.
ANZ offers retail banking products such as transaction and savings accounts, home loans, personal lending, credit cards, insurance and wealth-related services. Its business banking operations provide lending, cash management, payments and other financial solutions to small businesses, commercial customers and corporate clients.
Through its institutional banking division, ANZ serves large companies, financial institutions and public-sector organizations with services including corporate lending, transaction banking, trade finance, markets and international payments. The group also maintains a presence in selected markets across the Asia-Pacific region and provides banking services in Pacific island economies.
ANZ traces its history to the 19th century and was formed in its modern structure through the 1951 merger of the Bank of Australasia and the Union Bank of Australia, followed by a merger with the English, Scottish and Australian Bank in 1970. The group has grown through organic expansion and acquisitions, including its 2024 acquisition of Suncorp Bank in Australia.
AI Generated. May Contain Errors.