Wednesday, July 04, 2012

ANZ to open branch in gas-rich Hides

A NEW ANZ branch will be opened in gas-rich Hides area of Hela province to provide banking services to local people and employees of the LNG project, The National reports.
 ANZ PNG chief executive Vishnu Mohan, Hides Gas Development Company (HGDC) chairman Tuguyawini Libe Parindali and Esso Highlands Ltd (EHL) senior project manager Mark Hackney signed a joint agreement last Thursday to construct a new bank branch which will provide access to banking services for people living in and around the Hides area.
From left: Hackney, Parindali and Mohan at the signing ceremony in Port Moresby

At the signing ceremony, Mohan said: “ANZ is committed to further investment in our business in Papua New Guinea and we are pleased to be partnering with HGDC and be supported by EHL to provide the local business community and residents of the Hides area with better access to banking services.
“With a number of international companies based in the Hides area, we’re now able to provide critical banking services and connect customers to our main branch in Port Moresby and to expertise across our regional network in Asia Pacific, Australia and New Zealand.”
Parindali said: “Greater Hides Area is a critical resources hub in PNG and with the Highlands’ unique geographic location, we need a developed banking solution which will provide the area with a full service branch that is easily accessible.
 “ANZ is providing our community with a critical banking service which we previously haven’t had access to before.”
Hackney said: “This branch of ANZ will provide an important benefit to the people of the region and a convenient way to begin to save for the future.
“EHL constantly looks for ways to bring value and improve the lives of the people of the communities in which we operate, and we’re proud to be part of providing access to savings opportunities.”
The ANZ Hides area branch will be housed in a converted shipping container.
ANZ opened its first “banktainer” branch last March in Lihir for employees of Lihir gold mine in New Ireland province.
ANZ began operations in PNG in 1910 and has 15 branches, more than 55 ATMs, nearly 1,000 Eftpos terminals and 600 staff

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