Our partnerships and Private Bank
Locations of ANZ partnerships
ANZ partners

We target markets which have higher economic growth rates that Autralia and New Zealand, are 'underbanked' and less developed.

Partnerships and Private Bank is responsible for ANZ's joint venture with ING in ING Australia, our international partnerships with other institutions in Asia, and our Private Bank business.

  • ING Australia
    ANZ has a 49% stake in ING Australia, a joint venture with ING. Further details are on the next page.
  • International Partnerships
    ANZ has formed a number of partnerships in Asia, which are outlined on the next page.

    We target markets which have higher economic growth rates than Australia and New Zealand, are underbanked and less developed, and have connectivity with Australia and New Zealand, via trade, immigration or investment.

    We target partners with strong footprints in their market, and where ANZ can contribute significant value.

  • Private Bank
    ANZ Private Bank specialises in assisting high income and high net worth individuals and families to manage, grow and preserve their family assets. It is one of the highest growth businesses within ANZ.
Profit and Loss Summary
  2005
$m
2006
$m
Movt
%
Income 240 263 10%
Operating expenses (50) (62) 24%
Profit before Provisions and Tax 190 201 6%
Provision for credit impairment (17) (25) 47%
Tax & OEI 3 (7) (333%)
Profit after tax 176 169 (4)
Staff (FTE) 494 635 29%