Original article by Clancy Yeates, James Eyers
The Australian Financial Review – Page: 19 : 22-Jul-15

The ANZ Bank aims to offload its Esanda personal finance business by mid-2016, while the banking major has also flagged the sale of some Asian assets. The sale of Esanda is likely to be worth about $A1.5bn, which will significantly boost ANZ’s capital ratio ahead of the introduction of new capital requirements in July 2016. It is estimated that ANZ will need to lift its capital by around $A2.3bn in total.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ESANDA FINANCE CORPORATION LIMITED, PT PANIN BANK, JP MORGAN AUSTRALIA LIMITED, GOLDMAN SACHS AUSTRALIA GROUP HOLDINGS PTY LTD, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, BANK FOR INTERNATIONAL SETTLEMENTS. BASEL COMMITTEE ON BANKING SUPERVISION, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC