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ANZ's arm in New Zealand is operated through a subsidiary company, ANZ National Bank, from 2003 to 2012, when it changed by ANZ Bank New Zealand upon merging the ANZ and National Bank brands. In March 2005, it formed a strategic alliance with Vietnam's Sacombank involving an acquisition of 10% of Sacombank's share capital .
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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. [5]
ANZ Fiji traces its presence in Fiji back to 1873 through an acquisition. Investors from Auckland established the Fiji Banking and Commercial Trading Company Limited in 1873. However, the bank's owners sold it in 1876 to the Bank of New Zealand ( BNZ ); ANZ Group acquired BNZ’s operations in 1990 after 114 years of Bank of New Zealand ownership.
Suncorp Bank is a part of ANZ Group (originally the Suncorp Group), with head offices in Brisbane, Australia. From its beginnings in 1902 [ 1 ] as the Queensland Agricultural Bank, Suncorp Bank has grown into the sixth largest [ 2 ] bank in Australia .
PostBank was sold two years after it was formed to ANZ, [8] with the PostBank brand being absorbed and finally removed by the late 1990s. PostBank shared many operating characteristics with the later Kiwibank, a bank which initially operated as a wholly owned subsidiary of the state-owned enterprise, New Zealand Post Limited. Later, Kiwibank ...
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