The opening of a branch in Seoul in 1978 by ANZ's then wholly owned subsidiary ANZ Grindlays Bank Limited marked the commencement of ANZ's involvement in Korea.
ANZ's Seoul branch today offers a broad range of commercial banking products and services to support the activities of ANZ's international customers, as well as local customers, in their business activities in Korea.
ANZ Seoul's product range includes both trade finance services and corporate finance consisting of working capital loans, short term funding in both local Won currency and foreign currency, medium term loans and foreign currency term and revolving facilities.
Treasury services are provided covering both money market activities and foreign exchange transactions. Interest rate swap services are also available.
Other services include travellers' cheques and travel services, money transfers and remittances via drafts and/or telegraphic transfers.