ANZ's Asian business growing strongly

Operating income from Asia has doubled since 2009


THE Australia and New Zealand Banking Group's Asian business is growing strongly with gains in FX and interest rates, cash management and trade, said Andrew Géczy, its chief executive for international and institutional banking.

South-east Asia, and Singapore in particular, are doing very well as the Australian bank increases its market share in both institutional and retail banking, said the Melbourne-based Mr Géczy via a telephone interview on Thursday. ANZ, the most international of...

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