In a briefing to investors, ANZ's institutional banking boss, Shayne Elliott, said ANZ would also target infrastructure as one of the three sectors to help expand the banking business.
However, the move will see ANZ shift the focus of its institutional bank away from lending and towards financial institutions and property.
Mr Elliott outlined a target to almost double the level of income from trade and transaction banking during the next few years while curbing the proportion of earnings generated from currency trading and lending to big business.
ANZ's institutional arm, which lends to businesses with annual turnover of more than $400 million, has disappointed investors for years, mostly as a result of poor revenue growth and large exposure to soured loans.
