On 4 August 2009, ANZ announced it had reached agreement with the Royal Bank of Scotland Group plc (RBS) to acquire selected RBS businesses in Asia delivering on its strategy to be a leading super regional bank by 2012.

The acquisition includes the RBS retail, wealth and commercial businesses in Taiwan, Singapore, Indonesia* and Hong Kong, and the institutional businesses in Taiwan, the Philippines and Vietnam.

The sale is subject to regulatory approvals in each market with completion anticipated progressively from late-2009.  Once the two businesses are combined, ANZ will be able to better meet the needs of clients living or doing business across Asia.

For further information please use the links below:


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View Media release
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*The Indonesian business will be acquired through ANZ’s 85%-owned subsidiary, PT ANZ Panin Bank.