Australia`s ANZ Bank completes acquisition of RBS HK businesses
Mon, March 22 2010 17:08 | 473 Views
Melbourne (ANTARA News/Asia Pulse) - Australia's ANZ Banking Group Ltd (ASX:ANZ) has
completed the acquisition of Royal Bank of Scotland's (RBS) retail and
commercial businesses in Hong Kong. The bank also said the integration
of the remaining RBS businesses across five countries
is progressing well.
"The RBS integration is progressing to plan and
today we welcome more than 40,000 customers and 350 staff in Hong
Kong," ANZ's chief executive for Asia Pacific, Europe and America, Alex
Thursby said on Monday. ANZ now has six branches in
Hong Kong.
ANZ also launched a new service in Hong Kong on Monday
targeting affluent retail customers across the Asia Pacific with investable assets, or discretionary funds available for investment, of
over $HK1 million (US$128,879).
Source:
Business in Asia Today - March.22, 2010
published by Asia PulseEditor: Ricka
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