ANZ Bank New Zealand
Retail bank in New Zealand / From Wikipedia, the free encyclopedia
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ANZ Bank New Zealand Limited (or simply ANZ) is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021.[4]
Company type | Subsidiary |
---|---|
Industry | Banking Financial services |
Founded | 26 September 2012; 11 years ago (2012-09-26) |
Headquarters | Auckland, New Zealand |
Key people | Sir John Key (Chairman) Antonia Watson (CEO)[1] |
Products | Transaction accounts, insurance, stock brokerage, investment banking, asset-based lending, consumer finance |
NZ$4.19 billion (2021)[2] | |
NZ$1.94 billion (2021)[2] | |
Total assets | NZ$184.77 billion (2021)[2] |
Total equity | NZ$16.89 billion (2021)[2] |
Number of employees | 9,000 |
Parent | Australia and New Zealand Banking Group |
Rating | AA− (S&P)[3] |
Website | www.anz.co.nz |
Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003.[5] The banks operated as separate brands until 2012, when they were unified under the ANZ brand.[5] The company was renamed ANZ Bank New Zealand in 2012, following the withdrawal of the National Bank brand. ANZ provides a number of financial services, including banking services, asset finance, investments and payment services.[5]