Australia and New Zealand Banking Group Limited first opened a branch in the capital Port Moresby in 1910 and Australia and New Zealand Banking Group (PNG) Limited ("ANZ Papua New Guinea") was established in 1976, following the granting of self-government to Papua New Guinea. There are 12 branches located throughout the country, several of which are in the National Capital District - further branches are scheduled to open throughout 2009.
ANZ’s branches in Papua New Guinea operate in a commercial banking environment and offer a full range of retail and business accounts, deposit and loan facilities, leasing, international trade finance and treasury services, Kina currency credit cards, EFTPOS facilities and local debit cards.
Operations snapshot
- Overdraft facilities
- Commercial loans
- Foreign currency loans - trade and non-trade (regulated)
- Leasing financing (including operating leases)
- Bank guarantees
- ATMs
- ANZ Prime
- Cheque accounts
- Savings accounts
- Term deposits
- Money transfer/remittance
- Travellers cheques
- Letters of credit, Import/Export
- Inward/Outward bills
- Forward Exchange
- Foreign currency accounts (regulated)
- Shipping guarantees
- Bankers opinions
- EFTPOS
- Credit cards
- Insurance.
ANZ in Papua New Guinea banking segments
Retail Banking, Business Banking
ANZ Papua New Guinea Managing Director
Established: 1910
Status: Full banking licence
Branches:12
ATMs: 42
POS: 750