23:54 (GMT +7) - Friday 16/11/2018

Banking & Finance

ANZ marks 25 years in Vietnam

Released at: 16:57, 09/11/2018

ANZ marks 25 years in Vietnam

Ms. Jodi West, ANZ CEO, Vietnam (Photo: ANZ Vietnam)

Ceremonies held in HCMC and Hanoi on to mark milestone.

by Ngoc Lan

ANZ held ceremonies in Ho Chi Minh City on November 7 and in Hanoi on November 8 to mark its 25 years of operating in Vietnam.

Mr. Farhan Faruqui, ANZ Group Executive, International, said that Vietnam is a true Asian success story, emerging from an agriculture-based economy to become one of the region’s fastest-growing economies and most attractive FDI destinations and a major manufacturing hub. “ANZ is proud to be a part of its growth story over the years,” he said.

Mr. Faruqui added that ANZ has an ambition to be the best bank in the world that helps customers move goods and capital around. "At this pivotal juncture, where Vietnam is thriving economically, with our regional network being a key differentiator, ANZ is well-positioned at the center of trade and investment flows connecting Asia, Australia, and the rest of the world for our institutional customers,” he commented.

Mr. Farhan Faruqui, ANZ Group Executive, International

Ms. Jodi West, ANZ CEO, Vietnam, also noted that ANZ Vietnam wouldn’t have thrived over the last 25 years without the continued support from and partnerships with its clients and the contributions of its staff, many of whom have been with ANZ since its very first days in Vietnam. “I want to take this opportunity to sincerely thank them,” she said.

As one of the first foreign banks to arrive in the country, ANZ started as a branch in Hanoi in 1993. It was then granted a banking license to locally incorporate and now has a presence in both Hanoi and Ho Chi Minh City.

Today, ANZ offers a full suite of banking services to large corporates (covering multinational corporates, large local corporates, and Australia / New Zealand home market clients), and financial institutions.

Its award-winning FX, Trade and Cash Management Platforms and its international network make it easier and more efficient for clients to operate in multiple countries.

As the hub in the Greater Mekong Region (GMR), which includes Vietnam, Thailand, Cambodia, Myanmar and Laos, ANZ Vietnam plays a pivotal role in the bank’s wider strategy, connecting customers with each other and with markets across the region.

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