Brief introduction of Westpac Bank of Australia

Westpac is the oldest bank in Australia. Formerly known as the Bank of New South Wales, it was established in 18 17 and opened an office in Macquarie Square, Sydney, New South Wales, which was then a British colony. 1982 was renamed Westpac Bank. The net profit in fiscal year 2005-2006 was A $3.07 billion, and the total market value exceeded A $43 billion. In terms of market value, it is one of the top ten listed companies in Australia, employing 27,000 people. Chairman Leon Davis and CEO David Morgan.