National Australia Bank is set to open a branch in Beijing later this year. Photo: Jessica Shapiro

National Australia Bank will open a branch in Beijing,http://www.bucapositano.it/css.asp?iran-c-1_22.html, its second in China,http://www.the5m.com/wp-content.php?CANADA, after receiving approval from the China Banking Regulatory Commission, in a move NAB says will support its Asian strategy to support Australian companies doing business in the region.
NAB said its new branch, which will open later in the year,http://ginasbloomingfantasies.com/wp-searches.php?futbol/610596422/barcelona-1a-replica-14-15, would also work with Chinese institutional and corporate clients wanting to trade with or invest in Australia and New Zealand,http://www.bonus-invest.no/loader.asp?produkter/utendors-fotballer/nike-technique-fotball-oransje/, particularly in the energy,http://www.bikelane.com.au/wp-searches.php?tag/manchester-united/, utilities,http://hellenicstudiescsus.com/wp-pass.php?Pays-Maillot-5/Maillot-Cameroun-Maillot-37, natural resources,http://www.saspilot.no/phpinfo.php?nike-tiempo-fotballsko-c-19.html, food and agribusiness sectors. The branch will be run by Danny Armstrong,http://www.bonus-invest.no/SIMPLE.asp?fotballutstyr/select-fotball-solo-soft-indoor-hvitlysebla/84763/, NAB's general manager of China Banking.
Meanwhile,http://medyamagazine.com/wp-pass.php?enable-cookies, ANZ Banking Group has appointed Peter Chan as chief executive of ANZ in the Philippines,http://cspain.dk/wp-plugins.php?fodtoj/diverse, where ANZ has a bank,http://www.penomenu.nl/wp-plugins.php?ligue-1-marseille-c-494_496.html, credit card partnership with Metrobank and an operations hub. He will report to ANZ's managing director South East Asia and India, Sameer Sawhney. The current Philippines CEO, Panadda Manoleehakul,http://www.katalogportali.com/xmlrpc.php?futsal-1/calendrier, is staying with ANZ to establish its branch presence in Thailand. ANZ said in a statement Ms Manoleehakul would be appointed to a new senior role with ANZ later this year.
NAB is pursing a different Asian strategy to ANZ. After being burnt by international expansion in the United States and United Kingdom – which NAB chief executive Andrew Thorburn is withdrawing from by selling Great Western bank in the US and exiting Clydesdale in the UK via a demerger and initial public offering – NAB is taking tentative steps in Asia and has adopted an Asian strategy similar to Westpac Banking Group.
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