ANZ (ASX:ANZ) Entered Chinese Rural Market

  Melbourne, Australia, Sep 28, 2009 - (ABN Newswire) - ANZ (ASX:ANZ) bank today officially opened its first rural bank in western China, making it the first Australian bank to enter China's rural market.The Chongqing Liangping ANZ Rural Bank is a 100 per cent owned subsidiary of ANZ. Liangping has been identified by the Chongqing government and China Banking Regulatory Commission (CBRC) as a priority area for rural development and investment.  

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