Australia government to give ANZ $1.3 bln guarantee for Pacific operations

Reuters
03-14
Australia government to give ANZ $1.3 bln guarantee for Pacific operations

March 14 (Reuters) - ANZ Group ANZ.AX said on Friday that the Australian government would provide a limited guarantee of A$2 billion ($1.26 billion) to the lender in support of its commitment to banking in the Pacific region.

($1 = 1.5908 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Rashmi Aich)

((Rishav.Chatterjee@thomsonreuters.com;))

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