Scoop has an Ethical Paywall
ANZ road show showcases NZ's potential to Asia
12 November 2009
ANZ road show showcases New Zealand’s potential to Asia
ANZ has helped boost the profile of New Zealand companies in Asia by leading a road show of top corporates and economic experts to Singapore and Hong Kong, said ANZ’s CEO Jenny Fagg.
“As New Zealand’s largest financial services organisation, we are proud to have taken the lead by co-ordinating this road show, aimed at connecting New Zealand companies to the Asian investment markets,” Ms Fagg said.
“As a company, we have made a significant investment to expand our operations in the region and demonstrate our commitment to helping New Zealand companies leverage the emerging opportunities available from the Asian investment markets.
“I can also announce that ANZ New Zealand will be Partner Sponsor for the New Zealand Pavilion at the Shanghai World Expo from May next year. New Zealand’s strong presence at the Expo will provide unique opportunities to connect more New Zealand companies with the opportunities that exist in Asia, and to help them realise their growth potential.”
ANZ’s Managing Director, Institutional New Zealand,David Green said the ”Kiwi Day” road show was aimed at broadening the access that New Zealand companies have to funding to help them achieve their business goals. “The opportunities in Asia for New Zealand companies are immense – either as a source of capital to fund growth or as an export destination in its own right,” said Mr Green.
“During the Kiwi Days, ANZ emphasised the quality of New Zealand companies, their areas of niche expertise and world-class innovation, and the diverse investment opportunities available to international investors as a result.”
The companies participating in the road show represented some of New Zealand’s biggest corporates and key sectors of the economy. They included Auckland Airport, Fletcher Building, Fonterra, Goodman Property Trust, Telecom, Transpower and Meridian Energy. The companies presented to a significant number of Asian financial investment institutions including fund managers, private bankers and local institutional banks.
The Reserve Bank of New Zealand, the New Zealand Debt Management Office and ANZ economists also gave presentations, setting the scene with an overview of the New Zealand macro environment.
Stéphan Deschamps, General Manager Treasury at Fonterra, saw great value in the road show.
“As New Zealand’s largest company, and one with significant business operations across Asia, it was important for Fonterra to be involved in Kiwi Day. Asia has some of the world’s fastest-growing economies and dairy markets, and a region where we have a strong consumer business and a significant proportion of our global dairy ingredient sales. This was a great opportunity to promote New Zealand businesses in the region.”
Mr Green said the message ANZ conveyed to investors was that New Zealand is emerging more quickly than most from the recession, and that we had an established regulatory environment and a strong and stable banking sector – both of which have limited the impact of the Global Financial Crisis.
“ANZ already has an established presence in Asia and this has been growing rapidly as part of our Super Regional Strategy, enabling us to help New Zealandaccess the many opportunities available in Asia. This road show was an important part of that work,” Mr Green concluded.
ends
ANZ Bank New Zealand Limited
Get on top of your money
ANZ has been helping New Zealanders get on top of their money ever since we opened for business in 1840. We were New Zealand's first bank and today we have a large network of full-service branches and ATMs, and talented people across the country.
We're passionate about helping our customers make their money work harder and equipping them to make better financial decisions. Whether it's travelling the world, buying a home, building a business, investing for the future or protecting their family's future, we use our financial strength and expertise to help make it happen.
Through our sponsorships, our Staff Foundation and thousands of staff volunteer hours each year, we support causes that make a difference to New Zealanders.
Plant And Food Research: Creating A New Opportunity From An Invasive Challenge
Stats NZ: Total Greenhouse Gas Emissions Fall 0.7 Percent In The September 2024 Quarter
Takapuna Beach Business Association: Takapuna Outpaces Auckland With Strong Economic Growth In 2024
Commerce Commission: Bed, Bath And Beyond Sentenced Over Record Number Of Unsafe Products
GE Free NZ: Minister Reti Asked For Two Week Delay Of Select Committee Deadline
Science Media Centre: Government Plans To Double Mineral Exports By 2035 – Expert Reaction
