ANZ Group Holdings Limited operates as a non-operating holding company with divisions specializing in different financial sectors. The Australia Retail division serves individual customers with services like loans and digital banking. Australia Commercial focuses on small businesses and provides financing solutions. The Institutional division caters to government and corporate clients, while New Zealand offers personal banking services. The Pacific division handles retail products, and Group Center supports overall operations. This structure enables ANZ to efficiently offer a wide range of financial services to various customer segments.