Semester 2, 2012
Letter of Transmit
2nd September 2012 Dr. Piyadasa Edirisuriya Department of Accounting and Finance Caulfield Campus, Monash University
Subject: Report of analysing Australia and New Zealand Banking Group.
Dear Dr. Edirisuriya As requested, we have attached the report as below, which is to evaluate the performance of Australia and New Zealand Banking Group (ANZ). In this report, we summarized the history of ANZ, its product and services, analysed the current state of bank in term of physical and financial strength and evaluated its performance by looking its financial ratios and comparing with its rivals. Based on its performance, we also pointed out the future expectation of ANZ. Moreover, the impact of the Global Financial Crisis on ANZ and its response are also provided in the end of the report. We are really appreciated for your help and support for the compilation of this report. Please contact us if you have any queries on this report. We will be pleasure to discuss with you for further clarification. Yours sincerely, Michael Dy 20538146 Xu Ling 21666482 Jing Wang 23764805 Lin Zhang 21189447 Chan Zuo 23148365
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Table of contents
Executive Summary ....................................................................................................... 4 1. Introduction ................................................................................................................ 5 1.1Purpose .............................................................................................................. 5 1.2 Scope ................................................................................................................ 5 1.3 Methodology..................................................................................................... 5 1.4 Assumptions ..................................................................................................... 5 1.5
Bibliography: 24 (Source: Standard & Poors | RatingsDirect on the Global Credit Portal | December 21, 2011)