ANZ gets approval for Thailand Banking License
ANZ Bank has been granted a full banking license in Thailand which will allow the bank to offer a wider range of financial services in the country.  ANZ's CEO, Andrew Geczy announced that "this is an important milestone for our super regional strategy and means we can now better connect our multi-national customers to the growing trade and investment flows across Asia with the Great Mekong".  
ANZ Bank has been given the green light to offer a wider range of financial services in Thailand after it was granted a banking licence by the country's regulators.

As part of its ambitions of becoming a "super regional" bank in Asia, ANZ has been seeking a full banking licence in the fast-growing economy for several years.

ANZ has previously had a representative office in Thailand, which restricted the range of services it could offer. Credit: Glenn Hunt

On Monday the bank said Thailand's Ministry of Finance had granted the licence, and ANZ Thai would target trade and investment flows to and from the Southeast Asian economy.

It will target corporate customers, and having the licence allows it to offer a wider range of services, including services in the local currency, the baht.