Westpac Bank of Australia
$42.3bn
Gail Kelly, CEO
With almost 1,200 branches and 2,900 ATMs, Westpac is Australia’s largest branch network. The company operates worldwide and has its headquarters in Sydney. Although third out of the banks on this list, it is the second largest bank by assets in Australia. Surprisingly, Westpac does not fit the mold of many on this list – they are a relatively young company, founded in 1982. Recently, CEO Gail Kelly announced a $100 million scholarship program to support Australia’s brightest students.
Westpac (a portmanteau of "Western-Pacific"), is an Australian bank and financial-services provider headquartered in Westpac Place, Sydney. It is one of Australia's "big four" banks and is the second-largest bank in New Zealand.
In November 2011, Westpac had 12.2 million customers, and Australia's largest branch network with almost 1200 branches and a network with more than 2900 ATMs. The bank is Australia's second-largest bank by assets.
On 29 January 2015, Bank of South Pacific announced that it had entered into an agreement to acquire Westpac's banking operations in Samoa, Cook Islands, Solomon Islands, Vanuatu and Tonga for A$125 million.