The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 October 1998Vol. 68 No. 10

presence in the Pacific

p. 25 · Read in the full issue

ANZ - a comprehensive presence in the Pacific

ANZ is one of a handful of Australian banks with a clearly defined strate gy involving a compre hensive presence in the Pacific Islands. This is underpinned by our branch network in the Pacific region and the other countries in which we operate.

ANZ’s presence at both ends of a trans

action means ANZ can deliver banking ser vices throughout the Pacific and the world that reflect our high service standards many other banks are forced to rely on the customer service standards of a bank owned and managed by others.

We have a mature retail commercial business in the Pacific where we have been represented for nearly 120 years. At an

operational level, our objective in the Pacific is to consolidate our day to day operations in order to provide a comprehensive range of personal and commercial banking services, including personal and business loan and deposit facilities, ANZ Insurance, including loan insurance, house and contents insurance, travel and motor vehicle insurance, international trade finance, treasury services and international payment transfers.

The provision of commercial bank ing services, particularly to cus tomers doing business with Australian and new Zealand com panies, mirrors ANZ’s strategy in Asia and throughout our global network. From a retail bank per spective, ANZ’s position in the Pacific Island Countries in which we have established a presence, is similar to our position in Australia and New Zealand. Our competitive advantage derives from our long association with the region and our ability to offer superior products and service levels by utilising the latest banking technology and ANZ’s advanced product delivery

capabilities.

With an expanding Automatic Teller Machine (ATM) network and PC banking facilities, ANZ is fast becoming a modem bank in the

Pacific. We are leveraging off our exper tise in Australia and New Zealand to create a bank that is efficient and competitive with the best in the world. With our exten sive knowledge of local conditions and wealth of banking and financial expertise, ANZ is well placed to assist those compa nies and individuals wanting to do business in the Pacific region. ■

ANZ Bank in Suva, Fiji - part of ANZ’s region-wide coverage.