ANZ establishes new branch in China

Posted by Anton Murray Consulting on 23 Sep, 2015

ANZ has expanded its business network in China, establishing a new branch in the city of Qingdao.

ANZ China has opened a branch in Qingdao within the Shandong Province, offering a full range of products and services including supply chain, cash management, and markets and relationship banking services for corporate customers.

ANZ chief executive Mike Smith said: “Qingdao and Shandong have established long-term relationships with Australia and there is major potential for further growth in bilateral trade and investment.

“This includes opportunities in industries such as natural resources and agriculture, and the opportunities created through the China-Australia Free Trade Agreement.”

Mr Smith said the branch’s establishment reflects the institution’s aim to support its global clients looking to grow in Qingdao and Shandong.

ANZ China chief executive Huang Xiaoguang said: “Opening the new branch in Qingdao is another step in continuing to grow our business in China.

“As the only locally incorporated Australian bank in China, it is a further opportunity to provide financial solutions and services in trade finance, global markets and syndication loans in this important market.”

Investor Daily

Latest market insights

Is there merit to bitcoin usurping gold allocations?

› Read more

Why fund managers need to adapt skills for competitive edge with AI

› Read more

Chair of $160bn fund appointed Australia’s new governor-general

› Read more

Perpetual welcomes new lead partner for wealth management business

› Read more

BlackRock advocates active management in new economic regime

› Read more

X feed

Our client is a large, diverse financial services firm seeking a Trading Desk Applications Support Specialist. This role will be hired on an initial 9 – 12-month contract:

We are seeking experienced candidates for a role which is responsible for the day-to-day compliance and tax reporting obligations of our client’s group in Australia and New Zealand:

Our client is a global financial institution seeking a dealers assistant to join their Australian wealth management/stockbroking department servicing their HNW clients in Adelaide:

We are seeking proactive and personable candidates with administrative experience who are interested in forging a career within financial services and property:

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy