ANZ Panin - Galaxy Mall

ANZ first established its presence in Indonesia in 1973. In 1993, ANZ Group took over 85% of Westpac Bank’s shares at the PT Westpac Panin Bank and changed the name of the joint venture bank into PT ANZ Panin Bank. In 12 January 2012, the joint venture bank changed its name to PT Bank ANZ Indonesia (ANZ), which reflects the increase of ANZ Group's ownership in the Bank with composition to 99% owned by the ANZ Group and 1% owned by Panin Bank. This demonstrated ANZ’s commitment to Indonesia and its customers’ growth. It also reaffirmed the position of ANZ Group as the largest Australian investor in Indonesia’s financial services sector with an investment in capital and equity of over AUD 1 billion.