ANZ announces Asia growth target

By James Eyers
Updated July 24 2014 - 7:13am, first published 6:31am
ANZ is focusing on lifting its Asian earnings. Photo: Josh Robenstone
ANZ is focusing on lifting its Asian earnings. Photo: Josh Robenstone

ANZ Banking Group has provided a return on equity target for its international and institutional banking (IIB) division for the first time –  of 13 per cent – focusing attention on whether the bank can pursue both an aggressive Asian strategy and lift group-wide returns.