Business Services Industry

Argentina: Anz Bank closes down office in Buenos Aires.

South American Business Information, May, 1999

Anz Bank (Australia & New Zealand Banking Group) has decided to close down five offices in Latin America, where it has assets of US$3.2bil, and transfer the regional management to New York. Anz Bank focused in funding foreign trade operations involving Asia Pacific, Australia, and New Zealand, and also support Australian companies with regional business.

Source: El Cronista Page: 9 Date: May 17, 1999 Country: Argentina Product: Banking Institutions Company: Anz Bank Event: Branches SABI (South American Business Information)

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