Founded in 1968, Australia & New Zealand Banking Group Ltd. provides a range of banking, financial products and services to retail, small business, corporate and institutional clients. The company operates primarily in Australia, New Zealand, and the Asia Pacific region. It also operates in a number of other countries, including the United Kingdom and the United States. The Group operates on a divisional structure with Australia, International & Institutional Banking, New Zealand and Global Wealth & Private Banking being the major operating divisions. It aims to increase penetration in Pacific Rim countries and cross-border business and to further product specialization and customer segmentation.
The company employs around 44,900 people and increased its cash profit by 21 per cent to $1.86b in Oct 2017. Total assets: A$ 889.9 billion (2015)