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ANZ Bank Closes Four Taiwan Branches After Locations Disappoint

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March 7 (Bloomberg) -- Australia & New Zealand Banking Group Ltd. 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

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