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Showing 1 - 7 of 7 results for "Shanghai Rural Commercial Bank"

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... impact on the bank or broader industry. On 3 January 2017, ANZ announced it sold its 20% stake in Shanghai Rural Commercial Bank; this has materialised to an $86 million loss. In the same month, it agreed to sell UDC Finance, which is part of the New ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
... retail and wealth business in six countries; its Australian investment and pension business; China's Shanghai Rural Commercial Bank and the Phillippines' Metrobank Card Corporation. The sales are a part of a broader move to tighten the risk and complexity ...

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
... across five Asian countries to DBS Bank; January saw it sell off UDC Finance and a 20% stake in Shanghai Rural Commercial Bank; March saw it decommission its broking business, ANZ Share Investing; and in April, ANZ sold its Vietnamese retail businesses ...

ANZ unloads UDC Finance

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2017
... investment program. The announcement follows news last week that ANZ has also sold its 20% share in Shanghai Rural Commercial Bank to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management Development Corporation. The sale of ...

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management Development ...

ANZ invests more in BoT

ELISE BURGESS  |  MONDAY, 15 NOV 2010
... to raise a total of A$629 million. Last month, ANZ said it would also invest $250 million in the Shanghai Rural Commercial Bank (SRCB) capital raising, investments ANZ said are in line with the bank's commitment to China and its strategic partnerships. ...

ANZ to open Chengdu centre

MEDIA RELEASE  |  TUESDAY, 28 SEP 2010
... has strategic partnerships in two of China's key growth regions - a 19.9 per cent stake in the Shanghai Rural Commercial Bank and a 20 per cent stake in the Bank of Tianjin.
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