ANZ

Australia's ANZ, Suncorp overcome objection to major merger

February 20, 2024 | 12:58

Australia's ANZ and Suncorp banks jumped a big hurdle in their proposed US$3.2 billion merger Tuesday, as a tribunal overrode a consumer watchdog's concerns.

Vietnam still important link in global supply chain: experts

September 09, 2021 | 22:35

Vietnam is becoming a more important piece of the global supply chain, despite the supply chain and shutdown problems facing the country at present, Executive Director of the American Chamber of Commerce in Vietnam (AmCham Vietnam) Adam Sitkoff has told Bloomberg Television.

Citigroup in retreat from retail banking

April 28, 2021 | 08:00

Facing challenges from local rivals, some foreign financial institutions have withdrawn their retail banking businesses in Asian markets, including in Vietnam, and placed their priority on institutional customers.

Foreign bank moves pointing to repositioned focus

April 27, 2021 | 20:00

Banking giant Citigroup has decided to shut down its retail division in 13 markets, including Vietnam, to reset focus on institutional clients. Kent Wong, partner, head of Banking and Capital Markets at VCI Legal, explained to VIR’s Celine Luu why some foreign lenders are withdrawing, and how fierce the competition between international and locally-invested banks is in Vietnam.

Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

April 17, 2020 | 21:20

Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.

What’s needed to shift towards higher-quality investment?

May 15, 2019 | 09:38

Vietnam has come a long way since the doi moi reforms. Its success in attracting foreign direct investment has been evident. With the right policies and implementation, Vietnam can remain a magnet for the right type of FDI that will help push the economy

ANZ staff charged with appropriation of VND91 billion

January 23, 2019 | 09:03

The former head of the customer relations department at ANZ’s South Sai Gon branch, Nguyen Pham Gia Tho, appropriated over VND91 billion ($3.95 million).

Prosecution begins for VND300 billion fraud at HSBC and ANZ

November 14, 2018 | 17:44

HSBC and ANZ named 13 companies in a series of frauds costing the banks $13 million, leading to the prosecution of dozens of defendants and eight companies.

ANZ marks 25-year milestone in Vietnam

November 12, 2018 | 09:23

ANZ has celebrated its 25th anniversary in Vietnam, expressing further committed to journey along with the country in the next 25 years and after.

ANZ Vietnam announces Jodi West as new CEO

August 13, 2018 | 12:20

ANZ today announced the appointment of Jodi West as CEO Vietnam, reporting to Farhan Faruqui, ANZ Group executive, International.

Vietnam to weather the trade storm

July 02, 2018 | 10:00

Vietnam has witnessed a condensed fluctuation in its exchange rate over the past few weeks as a result of the strengthened greenback, but the ongoing trade tension between the US and China does not look likely to harm the country’s economy - in fact, signs show the opposite.