Date
21 August 2018

ANZ eyes branches in Shanghai FTZ, paper says

Australia-based ANZ Group plans to set up branches in Shanghai’s pilot free-trade zone in a bid to become a super regional bank, Shanghai Daily reported Thursday. The bank wants to be a part of efforts to test the deregulation of the whole financial sector in China, ANZ chief executive Mike Smith was quoted as saying, adding that the bank has “no limit on investment in China”.

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RA/CG

 

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