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ANZ New Zealand

ANZ New Zealand
Public
Industry Finance and insurance
Founded

1840 – UBA branch
1951 – ANZ

2012 – ANZ Bank New Zealand
Headquarters Auckland, New Zealand
Key people
Shayne Elliott (Group CEO)
David Hisco (New Zealand CEO)
Products Cheque accounts
Insurance
Stock brokerage
Investment banking
Asset-based lending
Consumer finance
Number of employees
9,000
Website www.anz.co.nz/

1840 – UBA branch
1951 – ANZ

ANZ Bank New Zealand Limited, New Zealand's largest financial-services group, operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. Until 2012, ANZ operated in New Zealand under the legal entity ANZ National Bank Limited, which was formed as part of the 2012 merger of ANZ Banking Group (New Zealand) Limited and the National Bank of New Zealand Limited. From 2012, the company was renamed ANZ Bank New Zealand as part of the merger of ANZ and the National Bank brands. ANZ New Zealand operates under a variety of different brands, such as ANZ, UDC Finance, Bonus Bonds and Direct Broking. It provides a number of financial services, including banking services, asset finance, investments and payment .

In September 2010, ANZ New Zealand became the sole owner of ING New Zealand Limited, which formed part of ING; ING provided investment advice for the investment and insurance products sold by ANZ and The National Bank. ING New Zealand Limited changed its name to OnePath Limited in November 2010.

On 26 September 2012, ANZ National Bank CEO David Hisco announced that the National Bank would re-brand as "ANZ" by the end of October. The name of the company would change to "ANZ Bank New Zealand Limited". The technology of the two banks was brought together from 29 October 2012, with customers being able to use branches branded ANZ or the National Bank from the same date. Branches branded the National Bank would change to the ANZ branding before the bank's trademark license expired in 2014.

ANZ has often been a finalist for the Roger Awards, which recognise "The Worst Transnational Corporation[s] operating in New Zealand" and are run by CAFCA and GATT Watchdog.


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