Westpac Banking Corp - Company Profile
Powered by
All the data and insights you need on Westpac Banking Corp in one report.
- Save hours of research time and resources with
our up-to-date Westpac Banking Corp Strategy Report
- Understand Westpac Banking Corp position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Related keylists
Business Description
Westpac Banking Corp (Westpac) is a provider of retail and commercial banking, and related financial solutions to individual, corporate, and SME clients. As of September 30, 2023, it reported assets of AUD 1,029,774 million, loans of AUD773,254 million, and deposits and other borrowings of AUD688,168 million.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Business Segments
- Business
- Consumer
- Group Businesses
- Specialist Businesses
- Westpac Institutional Bank
- Westpac New Zealand
Overview
Provides banking solutions such as trade finance, equipment finance, property finance, corporate superannuation, mortgages, and other solutions through Westpac, BankSA, St.George, and Bank of Melbourne brands. Serves SMEs and commercial business clients in Australia with facilities of a maximum of AUD200 million. Also offers private wealth management solutions to high-net-worth individuals.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Comprises retail banking and other related solutions including mortgages, credit cards, personal loans, and savings and deposit products in Australia. Serves retail clients through St. George, BankSA, Westpac, Bank of Melbourne, and RAMS brands.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes treasury, enterprise services, corporate services, and customer services and technology services.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Comprises investments (margin lending and equities broking), and superannuation business and retirement operated under Westpac, BankSA, St.George, BT, and Bank of Melbourne brands. Also includes the business of Westpac Pacific, which provides banking services in Papua New Guinea and Fiji.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Offers transactional banking, financial and debt capital markets, alternative investment, specialized capital, and other banking solutions. Serves corporate, government, commercial, and institutional clients in New Zealand and Australia. Operates through subsidiaries and branches located in New Zealand, New York, London, and Singapore.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Offers banking, wealth management, and insurance products and services to New Zealand consumers, businesses, and institutions. Westpac operates through two subsidiaries: Westpac New Zealand Limited, which is based in New Zealand, and Westpac Banking Corporation (New Zealand Branch), which is based in Australia. Westpac New Zealand operates a branch and ATM network throughout the North and South Islands. Relationship and specialist product teams also serve business and institutional customers. Westpac New Zealand focuses on its own infrastructure, which includes technology, operations, and treasury.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Target Markets
The Americas, Asia, Pacific Islands, and Europe.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer