Westpac Bank

The oldest bank in the Australian continent can be attributed to Westpac Bank since it was established in 1817. The company was called the Bank of New South Wales during that time but the name was changed to Westpac in 1982. It started through a charter made by Governor Lachlan Macquarie in 1817 for a secure commercial system in Australia. Westpac Bank has made efforts to serve the community by helping its members in fund management. They have a Financial First Steps program that teaches management to young clients. They have also covered corporate responsibility through initiatives in environment protection, community involvement, and education.

Westpac Bank Accounts has various business activities that cater to its numerous clients. The first one is known as Consumer Financial Services or CFS. It involves the main banking services such as credit cards, mortgages, and deposits. It also handles investments and life insurance products. Another business activity is the BT Financial Group. It covers the area of Australia and New Zealand and is the wealth management division of the company. Those involved in IT are under the Business & Technology Solutions & Services or BTSS. They assist the company in upgrading the system and maintaining their servers for changes brought about by rapid technological growth. Westpac Bank is a stable banking institution that will grow further in years to come.