In 1973, the Australia and New Zealand Banking Group Limited (ANZ Group) first established its presence in Indonesia as the ANZ Grindlays representative office. Then, in 1993, ANZ Group took over 85% of Westpac Bank’s shares at the PT Westpac Panin Bank and changed the name of the joint venture bank into PT ANZ Panin Bank.

ANZ Group and Panin Bank further injected their capital in PT ANZ Panin Bank in 2011. This increased the overall paid-up capital to IDR 1.65 trillion (the equivalent of AUD 180 million) and changed the ownership composition to 99% owned by the ANZ Group and 1% owned by Panin Bank.

In 12 January 2012, the joint venture bank changed its name to PT Bank ANZ Indonesia (ANZ), which reflects the increase of ANZ Group's ownership in the Bank. This demonstrated ANZ’s commitment to Indonesia and its customers’ growth. It also reaffirmed the position of ANZ Group as the largest Australian investor in Indonesia’s financial services sector with an investment in capital and equity of over AUD 1 billion.

In seven years, ANZ has grown from having only a credit card business with 2 branches to a fully-fledged bank with 28 branches spread throughout 11 major cities across Indonesia. Now ANZ offers a range of products and services for its corporate clients through our Corporate Banking, Treasury, Trade Finance and Cash Management services. For individuals, ANZ offers Retail Banking and Wealth Management, Mortgages as well as Consumer Finance services through our Credit Card and Personal Loan products.

Shareholding composition of PT Bank ANZ Indonesia (ANZ)

ANZ Banking Group Limited            99%

PT Panin Bank Tbk                        1%

Awards and Achievements

On 28 July 2016, ANZ Indonesia has gained an award as "The Best Digital Consumer Bank in Indonesia 2016" by a renowned financial magazine, Global Magazine. This award was given to recognize the innovation and quality of service in digital channels to the customers.

16 June 2016
ANZ Indonesia was announced as accolades of SQA 2016 from Carre-CCSL for the category of Platinum Credit Card. This award was announced in the Indonesia Service Quality Award 2016.
20 October 2015
ANZ Indonesia was rated AAA (idn) credit rating from Fitch Ratings. ANZ Indonesia also won many other awards, such as accolades at the 2015 Asian Banker Excellence in Retail Financial Services Awards for the Best Foreign Retail Bank in Indonesia; the 2015 Retail Banker International Asia Trailblazer Awards for the Best Credit Card Offering and Excellence in Loan Origination categories.
27 August 2015
ANZ received an award at the 2015 Asian Banker Excellence in Retail Financial Services Awards as the Best Foreign Retail Bank in Indonesia.
28 May 2015
ANZ received an award from the Rekor Bisnis for the ANZ Home Loan, which is the first mortgage in Indonesia with transparent interest rate by using Jakarta Interbank Offered Rate (JIBOR).
26 March 2015
ANZ received accolades at the 2015 Retail Banker International Asia Trailblazer Awards for the Best Credit Card Offering and Excellence in Loan Origination categories.
17 October 2014
ANZ won its first ever Indonesia Banking Award in the best joint venture bank category from Tempo Media Group, one of Indonesia’s largest media group and Indonesia Banking School, established by Indonesia’s Banking Development Foundation.
11 September 2014
ANZ received Indonesia WOW Brand Award 2014: Banking Industry in credit card category from MarkPlus Indonesia, marketing consultant and research company in Indonesia.