ANZ Fiji is the largest bank in Fiji and has about a 40% market share. ANZ Fiji currently operates 13 branches country-wide.
History
ANZ Fiji traces its presence in Fiji back to 1873 through an acquisition. Investors from Auckland established the Fiji Banking and Commercial Trading Company Limited in 1873. However, the bank's owners sold it in 1876 to the Bank of New Zealand (BNZ); ANZ Group acquired BNZ’s operations in 1990 after 114 years of Bank of New Zealand ownership.[1]
ANZ’s own entry into the Pacific region dates back to 16 December 1880 when the Union Bank of Australia (est.1837) opened a branch in the old capital of Fiji, Levuka.[2] However, the bank closed the branch in 1895. In 1951, Union Bank’s successor, ANZ, returned to Fiji with a representative office that it upgraded to a branch.
In 1985, ANZ acquired Barclays Bank’s operations, which Barclays had established in 1973.