Suvarna Garge

ANZ Fiji

Updated on
Share on FacebookTweet on TwitterShare on LinkedIn
Formerly called  Bankoh
Predecessor  ANZ ASB
Area served  Fiji
Industry  Financial services
Headquarters  Fiji
Founded  16 December 1880
ANZ Fiji httpsuploadwikimediaorgwikipediacommonsthu
Type  Bank, Subsidiary of ANZ Group
Parent organization  Australia and New Zealand Banking Group

Anz fiji acting ceo saud minam reserve bank of fiji governor barry whiteside


ANZ Fiji is the largest bank in Fiji and has about a 40% market share. ANZ Fiji currently run three Prime Suites and 16 branches country-wide including a branch at Nadi International Airport and an agency at Nausori airport. ANZ is also only provider of Rural Banking Services in Fiji, with 6 teams serving a total of 471 communities and schools.

Contents

Anz fiji launch oct 2009 part 2 of 2 flv


History

ANZ Fiji traces its presence in Fiji back to 1873 through an acquisition. Investors from Auckland established the Fiji Banking and Commercial Trading Company Limited in 1873. However, the bank's owners sold it in 1876 to the Bank of New Zealand (BNZ); ANZ Group acquired BNZ’s operations in 1990 after 114 years of Bank of New Zealand ownership.

ANZ’s own entry into the Pacific region dates back to 16 December 1880 when the Union Bank of Australia (est.1837) opened a branch in the old capital of Fiji, Levuka. However, the bank closed the branch in 1895. In 1951 Union Bank’s successor, ANZ, returned to Fiji with a representative office that it upgraded to a branch.

In 1985 ANZ acquired Barclays Bank’s operations, which Barclays had established in 1973. In 2001 ANZ bought Bank of Hawaii’s Bankoh subsidiary, which had three branches throughout Fiji. Bankoh had entered the Fijian banking market in 1993.

In February 2017, ANZ Fiji appointed Saud Abdul Minam as CEO of ANZ Fiji and Pacific Operations. Previously, Saud Abdul Minam served as Head of Commercial, Pacific at Australia & New Zealand Banking Group Limited. During his tenure as Head of Commercial, ANZ has announced free access to its internet banking platform and website for Vodafone Fiji users.

References

ANZ Fiji Wikipedia


Similar Topics
Water Rustlers
Terry Carling
C J Peters
Topics