Westpac Banking Corporation Company Profile Report

On a global scale, Westpac has formed various partnerships and joint ventures. Westpac New Zealand offers a range of retail banking services, commercial banking, and insurance products to consumer, business and institutional customers. Westpac operates via an extensive network of branches and ATMs across the North and South Islands. Westpac brands include insurance providers Westpac Life New Zealand and BT New Zealand, as well as institutional bankers Westpac New Zealand Limited and Westpac Banking Corporation. The Company provides a range of banking https://www.forex-world.net/ and financial services in markets, including consumer, business and institutional banking and wealth management services.

It’s bold, it’s distilled, it’s Westpac in its most concentrated form. A bold ‘W’ emblem stands out, formed by three upward-pointing chevrons. Below, a rose band carries the bank’s name in crisp, contemporary type. This design reflects a shift to a more abstract, universal branding strategy.

Westpac Logo

The top section shows a sailing ship and sheafs of wheat, symbols of trade and agriculture. Below, a lamb and a sheep represent livestock farming, with mining tools hinting at resource extraction. Above the shield, a rising sun over a golden kangaroo signifies hope and progress.

Best of Banks

The founders set it up in Sydney to support the colony’s economic development. It was created primarily to offer financial services, facilitating commerce in the growing colony. Through the 19th and 20th centuries, it underwent significant transformations, including mergers and name changes. It adopted the name Westpac in 1982, following its merger with the Commercial Bank of Australia.

  • In recent years, Westpac has faced regulatory challenges and has been in the spotlight for various compliance issues.
  • Our expert reports are thoroughly researched, reliable and current, enabling you to make faster, better business decisions.
  • The Business Bank provides banking and financial services and products to micro entities, small to medium enterprises and commercial businesses up to approximately $200 million.
  • Westpac is known for its strong capital position, stable earnings, and customer-centric approach.
  • In addition, the company provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services.
  • Additionally, Westpac has a joint venture with St. George Bank, known as BT Financial Group.

Employee shares

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. In addition, the company provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; small, and medium enterprises; commercial and agribusiness; and private wealth clients; and corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is based in Sydney, Australia.

Banks, Financial Services

  • The financial services offered include electronic banking (via online banking, ATMs and EFTPOS), deposit, loan, transaction accounts and international trade facilities to personal and business customers.
  • Westpac brands include insurance providers Westpac Life New Zealand and BT New Zealand, as well as institutional bankers Westpac New Zealand Limited and Westpac Banking Corporation.
  • Below, a rose band carries the bank’s name in crisp, contemporary type.
  • It is one of the largest banks in the country and has a 40% market share.
  • Westpac Institutional Bank (WIB) delivers a broad range of financial services to commercial, corporate, institutional and government customers.

Includes contact details for Link Market Services, manager of Westpac’s share register, for ASX and NZX listed shares as well as for those securities delisted from the Tokyo Stock Exchange. CompaniesLogo.com is maintaining an up to date database containing the logos of publicly listed companies and ETFs. Customers are supported through operations in Australia, New Zealand, the US, the UK, and Asian centres. The emblem features two birds, one dark with an arched neck, the other light and standing tall.

It is one of the largest banks in the country and has a 40% market share. Westpac is Australia’s oldest bank and company, one of four major banking organisations in Australia and one of the largest banks in New Zealand. We provide a broad range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services. Sales and service activities for business and corporate Action acheter customers are conducted by relationship managers via business banking centres, internet and customer service centre channels. The bank also provides corporate banking and institutional banking services, including advisory, capital raising, risk management, and transactional banking solutions. Westpac’s business banking division caters to the needs of small to medium-sized enterprises (SMEs), offering a range of products and services tailored to their requirements.

Au Small Finance Bank Logo, Tagline and Slogan

The company has operations throughout Australia and New Zealand, as well as the Pacific Islands, Asia, Europe, and the US. Westpac employs approximately 37,480 full-time equivalent employees across its operations and is headquartered in Sydney. In 1861 the Bank of New South Wales opened seven branches in New Zealand. Westpac NZ offers a full banking service with around 1.5 million customers, and 196 branches nationwide. The fxchoice review Business Bank provides banking and financial services and products to micro entities, small to medium enterprises and commercial businesses up to approximately $200 million.

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