June 2 (Reuters) - Australia and New Zealand Banking Group ANZ.AX on Tuesday agreed to sell its New Zealand based asset finance unit for NZ$762 million ($479 million) to Japanese financial institution Shinsei Bank Ltd 8303.T .
The sale provides about A$439 million ($298.08 million) of Level 2 Group CET1 capital, the lender said in a statement. ($1 = 1.5911 New Zealand dollars) ($1 = 1.4728 Australian dollars)