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Home » Top Banks of Australia » Westpac Bank

Westpac Bank

Westpac Bank is the oldest bank in Australia. It was established in 1817. Since then, it has been offering various banking services to cater nearly 7 million customers in both personal, business as well as institutional markets. The Westpac Bank’s customers and clients are scattered across New Zealand and the Pacific islands also, other than Australia. The bank got support from the key financial centers across the world. Its global assets cost more than $190 billion. There are more than 230,000 shareholders, who are involved with Westpac Bank. It is one among the top 10 rankers on the Australian Stock Exchange. The managerial team of the Westpac Bank is just wants to make the bank a great Australian company.

Westpac Bank was formerly named the Bank of New South Wales in the beginning. After a century, it was renamed. Only 25 years ago, in 1982 the bank came to be known as the Westpac Bank. Today, it is considered as the fourth largest bank in Australia. Westpac has also been recognized by the Dow Jones Sustainability Index as the most sustainable bank in the world for the fifth year running. On 17 August 2007, Gail Kelly announced her resignation as CEO of St. George Bank to take up the same position at Westpac in 2008.

Westpac Bank offers several banking services. Some of them are:
Consumer Financial Services (CFS) Business and Consumer Banking (BFS) Business Technology Solutions and Services (BTSS) BT Financial Group (BT), the wealth management division ATM Alliance Naming Rights – Such are Westpac Arena in Christchurch, Westpac St James theatre in Wellington, Westpac Stadium in Wellington and Westpac Park in Hamilton (naming rights have now expired) Westpac Migrant Banking Pacific Banking

In other countries also, Westpac Bank runs it branches. These are:

Westpac Institutional Bank (WIB) in Australia and New Zealand Westpac New Zealand, in New Zealand Westpac Fiji, in Fiji

For more information on the banks of Australia, keep browsing worldbankshub.com.

Top Banks of Australia