ANZ to Open Bank in Burma
7 December 2012
Australian bank ANZ said on Friday that it has received a license from the Central Bank of Myanmar to open an office in Burma. The representative office is expected to open early in 2013, an ANZ press release said. ANZ CEO International & Institutional Banking Alex Thursby said the office would “strengthen our capability to connect customers across our international network and to access opportunities in Myanmar, as well as connecting our clients in Myanmar with new trade and investment opportunities.” “This is another important step in our super regional strategy, particularly promoting greater connectivity in the Greater Mekong, which we define as Vietnam, Cambodia, Laos, Thailand and Myanmar,” he said.