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The opening of a branch in Seoul in 1978 by ANZ's 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.
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