ING NZ - Our company

ING NZ

In November 2009, Australia and New Zealand Banking Group Limited (ANZ Group) acquired ING Group’s 51% shareholding in ING (NZ) Limited (ING NZ) and ING Australia. ANZ Group already owned a 49% shareholding in ING NZ, which means ING NZ is now a wholly owned subsidiary of the ANZ Group.

Following this acquisition, ING NZ will continue to manage the investments that it issues and currently offers to customers of ANZ and The National Bank. In addition to this, ANZ Group will acquire ING NZ’s funds management (including investment management) and insurance businesses in New Zealand, as well as their listed property trust management companies.

ING NZ and all its subsidiaries have a licence to use the ING brand whilst transitioning to a new brand which is expected to be by the end of 2010.