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ANZ receives final approvals to set up in Myanmar

ANZ receives final approvals to set up in Myanmar

(26 June 2013 – Myanmar) ANZ has received final approvals to open in Myanmar and announced the official opening of its representative office.

ANZ Chief Executive, Asia Pacific, Gilles Planté said the new Myanmar representative office further strengthens the bank's ability to connect customers across its super regional network.

"ANZ is now clearly the best connected bank for customers across the Greater Mekong."

"ANZ's representative office in Myanmar is the first point of contact for customers interested in doing business in Myanmar, and for businesses in Myanmar looking for opportunities in the 33 markets where ANZ operates across Asia-Pacific, Australia, New Zealand, Europe, America and the Middle East," Planté added.

Rajesh Ahuja, ANZ's Group Representative in Myanmar, will leverage ANZ's global capabilities to ensure we make a positive contribution to the economic modernisation and development of Myanmar's nascent financial markets.

Last December, ANZ became the first Australian bank, and the first OECD bank outside of Japan, to receive approval to establish a presence in Myanmar after the lifting of international sanctions in 2012.

ANZ continues to be committed to complying with all requirements related to ongoing sanctions.

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