In addition to operations throughout Australia and New Zealand, ANZ also operates in 34 other countries. The National Bank brand was retired in 2012, with a number of branches closing and others converting to ANZ branches.
From 2003 to 2012, it operated two brands in New Zealand, ANZ and the National Bank of New Zealand. ANZ is also the largest bank in New Zealand, where the legal entity became known as ANZ National Bank in 2003 and changed to ANZ Bank New Zealand in 2012. ANZ is one of the Big Four Australian banks, along with the Commonwealth Bank, NAB and Westpac.Īustralian operations make up the largest part of ANZ's business, with commercial and retail banking dominating. The Australia and New Zealand Bank had in turn been founded in 1951 as a merger of the Bank of Australasia and the Union Bank of Australia, which were established in 18 respectively. It was the largest bank merger in Australian history at the time. Its current corporate entity was established on 1 October 1970, when the Australia and New Zealand Bank (ANZ) merged with the English, Scottish & Australian Bank (ES&A).
It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation.
The Australia and New Zealand Banking Group Limited ( ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria.
