ANZ Bank Closes Four Taiwan Branches After Locations Disappoint

Australia & New Zealand Banking Group Ltd. (ANZ) is closing four branches in Taiwan that it said weren’t in the best locations to serve its customers.

The closures will reduce ANZ’s branch network in the country to 14 and the Melbourne-based lender will open a flagship branch in a “key location” shortly, it said in an e- mailed statement today.

To contact the reporter on this story: Jacob Greber in Sydney at jgreber@bloomberg.net

To contact the editor responsible for this story: Chitra Somayaji at csomayaji@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.