ANZ expands wealth management services in Japan

ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to  Japan’s major metropolitan centres.

ANZ is the first Australian bank to establish an affluent banking presence in Nagoya, which is a top three major metropolitan region in Japan after Tokyo and Osaka, and the centre of Japan’s automobile and manufacturing sectors.

ANZ CEO Japan Robert Bell said opening a sub-branch in Nagoya was part of a focused growth plan in Japan to expand ANZ’s capabilities for affluent wealth management clients in key Japanese cities. The sub-branch builds on ANZ’s existing branches in Tokyo and Osaka.

"ANZ is one of the pioneers and market leaders in Australian dollar and New Zealand dollar wealth management products for affluent Japanese customers and we’re now the first Australian bank to establish a retail presence for customers in Nagoya,” said Mr. Bell.

“We look forward to bringing our Asia Pacific insight and specialist wealth management products to our affluent customers in Nagoya from the convenience of our new sub-branch located in the heart of Nagoya City.”

ANZ’s Nagoya sub-branch provides a full range of wealth management products, including foreign currency deposits, JPY term deposits, structured deposits available in multiple currencies including JPY, AUD, NZD, USD, Euro, Toshin or mutual funds specialising in Australian, New Zealand and Asia Pacific investments.