Accounting, Audit & Tax Awards 2017

4 Acquisition International - Accounting, Audit & Tax Awards 2017 AAT0026 Best Financial Institution 2017 - Victoria Westpac Banking Corporation Originally established in 1817 as the Bank of New South Wales, Westpac Banking Corporation has since grown into a multi-national company offering a wide range of banking and financial services. With a strategic focus on Australia, New Zealand and the near Pacific, the Westpac Group provides a broad range of banking and financial services, including retail, business and institutional banking. In order to support a wide range of customers, Westpac has five customer facing divisions serving around 13million customers. The operating structure aligns Westpac’s business with key customer segments. Consumer Bank is responsible for sales and customer service of our consumer customers in Australia under the Westpac, St.George, Bank of Melbourne, BankSA and RAMS brands. The firm’s second division, Business Bank, is responsible for sales and customer service of our small-to-medium enterprise, commercial and agribusiness customers under the Westpac, St.George, Bank of Melbourne and BankSA brands. The division also supports specialist expertise in asset and equipment finance. BT Financial Group Australia (BTFG) is Westpac’s Australian wealth and insurance business. BTFG is responsible for funds management, the manufacturing and distribution of investment, superannuation and retirement products, wealth administration platforms, private banking, financial planning, margin lending and broking. Insurance solutions includes life, general and lenders mortgage insurance. For both public and private sector clients, Westpac Institutional Bank (WIB) delivers a broad range of financial services to commercial, corporate, institutional and government customers with connections to Australia and New Zealand. Customers are supported through branches and subsidiaries located in Australia, New Zealand, Asia, the United States and the United Kingdom. Finally, Westpac New Zealand is responsible for sales and service of banking, wealth, and insurance products for consumer, business and institutional customers across New Zealand. Banking products are provided under the Westpac and WIB brands, while insurance and wealth products are provided under Westpac Life and BT brands respectively. Since 1861, provided a full range of banking, wealth management and insurance products to more than 1.3 million New Zealand consumer and small to medium sized business customers. Westpac New Zealand operates via an extensive network of 193 branches (including agency sites) and 628 ATMs across both the North and South islands. It has more than 645,000 registered online banking users. These five core service areas are supported by a range of technical and customer support divisions designed to ensure clients receive the very highest standard of service when they work with Westpac. As a means of giving back to the communities it serves and supports, Westpac also operates a charitable arm, Westpac Foundation.The organisation has a long legacy that dates back 138 years. In 1879 Thomas Buckland, the President of the Bank of New South Wales (which became Westpac), established The Buckland Fund to help families of deceased bank employees who found themselves in financial hardship. The fund commenced with Mr Buckland’s initial donation of £1,000, a bonus he received for services to the bank. Today, Westpac Foundation continues to support social enterprises taking a fresh approach to addressing complex social problems, borrowing the best from business and the social sector to create more opportunity for Australia’s most Drawing on over 200 years’ experience, Westpac Banking Corporation is a banking group comprised of five core divisions designed to meet the needs of a vast array of clients, from individual savers through to corporate clients seeking financial support. We profile this dynamic and inspiring firm and explore the secrets behind its success. Company: Westpac Banking Corporation Phone: 1300 651 089 Website: www.westpac.com.au “Overall, Westpac Group’s portfolio of financial services brands and businesses is focused on its ultimate vision : to be one of the World’s great service companies, helping its customers, communities and people to prosper and grow .”