ANZ today announced it has maintained its position as No. 4 Corporate Bank in Asia for the fifth consecutive year, according to the 2016 Greenwich Associates Large Corporate Banking study.
Greenwich Associates, a global market intelligence provider, interviewed
Farhan Faruqui, ANZ Group Executive International said: “2016 was a year of change for ANZ. These results reflect consistent focus on our target clients with trade and capital flows in Asia, at a time of challenging trading conditions and increased competition in the banking sector.”
He added: “Our Asian network remains our long term competitive strength in connecting our customers to opportunities in Asia and in our home markets of Australia and New Zealand. The evolving nature of banking means we need to target specific clients, markets and products which play to our strengths, and these results demonstrate that this strategy is continuing to deliver results.”
Read the full Greenwich Leaders Awards report for Asian Large Corporate Banking & Cash Management.