Australia and New Zealand Banking Group (ANZ) has opened a new branch in Hangzhou, the capital and the largest city of Zhejiang Province in Eastern China.

ANZ’s Hangzhou branch will offer a full range of products and services for individual and corporate customers.

Mike Smith, CEO at ANZ, said: "As one of China’s most vibrant and prosperous cities, Hangzhou is an important contributor to economic growth and development of the Yangtze River Delta which is a strategic market for ANZ in China."

Smith added: "With a large number of private business and Asian companies established in Zhejiang Province and its increasing connectivity with Australia and New Zealand, it makes sense for ANZ to expand here to support the growing trade, investment and people flows across the region."

ANZ has had a presence in China since 1986 and now has branches in Shanghai, Beijing, Guangzhou and Chongqing.


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Related stories:

ANZ and NCR agree five-year deal to ‘transform’ ATM network

$1.5bn to be invested in ANZ’s channel overhaul

ANZ sets out technology focus