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Australia & New Zealand Banking Group Finalises Sale of Six Asian Retail and Wealth Businesses

15 Feb 2018  |  09:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: ANZ finalises sale of six Asian retail and wealth businesses

Australia & New Zealand Banking Group advised that it has finalised the sale of its previously announced six retail and wealth businesses in Asia, allowing it to further focus on institutional and large corporate customers moving goods and capital across the region. The Company has successfully transferred its retail and wealth businesses in Indonesia, China, HK, Taiwan and Singapore to DBS Bank. The Company also finalised the sale of its retail business in Vietnam to Shinhan Bank at the end of 2017.

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