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May 22, 2015 11:25 PM ET

Banks

Company Overview of Australia & New Zealand Banking Group Limited

Company Overview

Australia and New Zealand Banking Group Limited, through its subsidiaries, provides various banking and financial products and services to retail, small business, corporate, and institutional customers in Australia, New Zealand, the Asia Pacific region, the Middle East, Europe, and the United States. The company’s retail products include housing finance for owner occupied and investment purposes; consumer and commercial credit cards, personal loans, and merchant services; and transaction banking, savings, and investment products, such as term deposits and cash management accounts. It also offers motor vehicle and equipment finance; regional business banking services to non-metropolitan comme...

ANZ Centre Melbourne

Level 9

833 Collins Street

Docklands

Melbourne, VIC 3008

Australia

Founded in 1835

51,243 Employees

Phone:

61 3 9273 5555

Fax:

61 3 8542 5252

Key Executives for Australia & New Zealand Banking Group Limited

Chief Executive Officer, Executive Director and Chairman of Corporate Sustainability & Diversity Committee
Age: 58
Total Annual Compensation: $5.2M
Chief Financial Officer and Member of Management Board
Age: 50
Total Annual Compensation: $2.4M
Group Chief Operating Officer and Member of Management Board
Total Annual Compensation: $1.8M
Global Head of Retail, Member of Management Board and Chief Executive Officer of Anz New Zealand
Age: 50
Total Annual Compensation: $2.3M
Chief Executive Officer of International & Institutional Banking and Member of Management Board
Total Annual Compensation: $2.0M
Compensation as of Fiscal Year 2014.

Australia & New Zealand Banking Group Limited Key Developments

ANZ to Provide Funding to Small and Medium Enterprises

ANZ has announced that it will provide services to small and medium enterprises. The firm has launched a 'trade lending pledge' allocating AUD 3 billion for small and medium sized Australian companies looking to grow their offshore trading business. The bank said that the programme would focus on raising awareness of trading opportunities in Asia.

ANZ Banking Group To Sell Esanda Dealer Finance Unit

Memorandum for Australia & New Zealand Banking Group Limited (ASX:ANZ)'s Esanda Dealer Finance unit will be sent to prospective buyers on May 18. Macquarie Group Limited (ASX:MQG), a TPG-led consortium, The Carlyle Group LP (NasdaqGS:CG), Pepper Australia Pty Ltd, and J.C. Flowers & Co. LLC are expected to participate in the first round bid which is due in mid-June.

ANZ To Sell Esanda Dealer Finance Business

Australia & New Zealand Banking Group Limited (ASX:ANZ) is planning to sell the Esanda Dealer Finance business, with an information memorandum expected to be issued to potential bidders later May 2015, ANZ said. The sale will include approximately AUD 8.3 billion in lending assets comprising point-of-sale finance, bailment facilities and other Esanda branded finance offered to motor vehicle dealers.

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