Connect with us

Hi, what are you looking for?


ANZ expects India to be growth engine

ANZ Bank expects that India will become the growth engine for the Asia-Pacific (APAC) region. And the Melbourne-based bank wants to capitalize on this development. CEO of the bank Michael Smith believes China and even Indonesia are witnessing lesser than the expected growth currently, but India can play a prominent role in the growth of the APAC region and the bank wants to be a part of the growth story. Smith earlier inaugurated the new office of the bank in Bengaluru. The bank had established its Mumbai branch in 2011 and now proposes to open another branch in Gurgaon. Smith also said the bank will apply for more licences to cater to the sheer size that is India.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.