Westpac New Zealand Economic and Sustainability Strategy Update
Westpac New Zealand Structure
Australia
Westpac
Westpac Group
New Zealand
WS
Locally incorporated bank, wholly owned but not guaranteed by Westpac Banking Corporation
Comprises Westpac's consumer, business and institutional banking operations in NZ.
AA- (Negative Outlook) / A1 (Stable Outlook) / A+ (Rating Watch Negative)
by S&P/Moody's / Fitch
Financial performance disclosed via semi-annual WNZL Disclosure Statement.
Guarantor for WSNZL funding programmes
.
•
•
A wholly owned subsidiary of WNZL
Unconditional and irrevocable guarantee of funding programmes from WNZL
Provides offshore wholesale funding for WNZL through its London branch
*st.george
bank SA
RAMS
Bank of
Melbourne
Westpac
Institutional Bank
Westpac New Zealand
Limited (WNZL)
•
•
Westpac Securities NZ
Limited (WSNZL)
BT Funds Management (NZ)
Westpac Life New Zealand Limited
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