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Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. [ 2 ] Established in 1817 as the Bank of New South Wales , it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation ...
The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions (ADI), [1] credit unions, friendly societies and subsidiaries and branches of foreign banks in Australia.
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
Westpac also acquired HSBC's branches, one each, in Fiji and the New Hebrides (now Vanuatu). (HSBC had established its branch in Fiji only some 18 months earlier.) In 1990, Bank of New Zealand sold half its shares in Bank of Tonga to Westpac and half to Bank of Hawaii, giving each of them 30%. In 2001 Bank of Hawaii sold its interest in Pacific ...
This list of Westpac buildings includes a number of notable (often heritage-listed) buildings, currently or formerly used by the Westpac Bank or its predecessor institutions including Bank of New South Wales.
The Ballarat branch was not closed but instead simply moved to the nearby Westpac branch as part of the Group's co-location program. [13] Customers of the bank can, however, use all Westpac branches and ATMs for cash transactions (such as withdrawals and deposits) and access basic or full banking customer assistance at selected Westpac branches ...
The bank was earlier known as the Greater Building Society, or simply "The Greater”, and provides services to customers in New South Wales and southeast Queensland through branches, mobile lenders, its own ATM network, access to the Westpac ATM network, [3] Online banking, app and a Newcastle-based customer service call centre.
On 3 April 1997, Westpac made a $1.43 billion bid to acquire the Bank of Melbourne. At the time, Westpac had a branch network almost twice as large in Victoria as the Bank of Melbourne (212 branches), but a smaller share of the local lending and deposit markets (8.6% and 9.1% respectively). [2]