ANZ Bank has outlined a two-pronged long-term growth strategy to supply the vast financing needs of the clean energy transition and deliver financial services such as mortgages via mobile phones, after unveiling a 65 per cent rebound in full-year cash profit.

CEO Shayne Elliott said ANZ’s advantage in the battle to bank clean energy came from being the most international – and the largest institutional – bank in Australia. Its history of lending to resource projects and linking with markets in Asia had created the skills and relationships to participate in this “global super cycle,” he said.