Skip to content

Media Release: Moody`s rating outlook for ANZ improves

Document date:  Mon 31 May 1999
Published:  Mon 31 May 1999 00:00:00
Document No:  148873
Document part:  A
Market Flag:  N
Classification: 

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
ANZ today commented that it was pleased with Moody's Investors
Service's decision to change ANZ's rating outlook to Aa3 stable from
Aa3 negative.

ANZ Chief Executive Officer, Mr John McFarlane said: "The improved
rating outlook by Moody's is independent validation of our moves to
reduce risk and improve the balance of our business mix by focusing
on growth in personal financial services."

Moody's Investor Services announced the change in ANZ's rating
outlook to Aa3 stable in New York on Friday, 28 May 1999.



For media enquiries, contact:

Paul Edwards
HEAD OF GROUP MEDIA RELATIONS
                                                                                                                                                                    1