ANZ marks 25-year milestone in Vietnam
ANZ marks 25-year milestone in Vietnam
ANZ has celebrated its 25th anniversary in Vietnam, reviewing its contributions to the country’s growth over this time and making further commitments to journey along with the country in the next 25 years and after.
ANZ started as a branch in Hanoi in 1993, as one of the first foreign banks in the country. It was then granted a banking license to be locally incorporated in Vietnam and is now present in both Hanoi and Ho Chi Minh City.
Today, ANZ offers a full range of banking services to large corporates (covering multinational corporates, large local corporates and Australia/New Zealand home market clients), and financial institutions. Its award-winning FX, trade, and cash management platforms and its international network make it easier and more efficient for clients to operate in multiple countries.
Farhan Faruqui, ANZ Group Executive, International, said: “Vietnam is a true Asian success story – emerging from an agriculture-based economy into one of the region’s fastest growing economies, most attractive FDI destinations, and a major manufacturing hub. ANZ is proud to be a part of its growth story over the years.”
“ANZ has the ambition to be the best bank in the world that helps customers move goods and capital around. At this pivotal juncture where Vietnam is thriving economically, with our regional network being a key differentiator, ANZ is well-positioned at the centre of trade and investment flows connecting Asia, Australia, and the rest of the world for our institutional customers,” he added.
Jodi West, ANZ CEO, Vietnam, said: “ANZ Vietnam would not have thrived in the last 25 years without continued support and partnership from our clients and contribution from our staff, many of whom have been with ANZ since its very first days in Vietnam. I want to take this opportunity to sincerely thank them.”
