ANZ in Laos - Our company

ANZ in Laos

ANZ Vientiane Commercial Bank Limited (ANZV)

ANZ Vientiane Commercial Bank Limited is a joint venture bank formed in September 2007. Our shareholders are:

Australia and New Zealand Banking Group Limited (ANZ)
International Finance Corporation (IFC)
Original shareholders of Vientiane Commercial Bank Ltd (VCB).

About ANZ

ANZ is a public listed company whose world headquarters are situated in Melbourne, Australia. ANZ was established over 170 years ago and is one of the top 50 banks in the world as measured by sales, profit, assets and market value (Forbes 29.3.07). It has assets worth USD$347 billion and its net profit in 2007 was in excess of USD$4.1 billion.

ANZ operates in Asia through wholly owned ANZ businesses in 12 countries, and has eight partnerships in seven countries. ANZ also has operations in 13 countries in the Pacific.

ANZ has an AA credit rating (Standard & Poors 2007).

About IFC

International Finance Corporation is the private sector investment arm of the World Bank. IFC has a significant presence across Asia with investments in 25 financial institutions in 10 different countries.

About VCB

VCB was established in 1993 and has been operating successfully during that time.

This three way partnership brings together the benefits of international expertise with the experience of local knowledge.