What is the old name of ANZ Bank?
Australia and New Zealand Banking Group Limited, commonly known as ANZ, was formed through a major historical amalgamation in 1970 between two prominent colonial-era banks: the Bank of Australasia and the Union Bank of Australia, which had initially combined in 1951 to operate under the name Australia and New Zealand Bank Limited. Prior to these successive mergers, both predecessor institutions operated independently across the Australian colonies, New Zealand, and various Pacific islands under their respective nineteenth-century charters. The addition of the word Group to the title occurred later following the acquisition of other financial entities, cementing the modern corporate identity of one of the major four banking institutions operating across Australasia today.
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