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Bank of Western Australia (commonly known as
Bankwest) is a full-service bank based in Perth, Western Australia. Formerly a
wholly owned subsidiary of HBOS plc, it was sold in October 2008 to the
Commonwealth Bank of Australia for A$2.1 billion.
This article is outdated. Please update this paragraph to reflect recent
events or newly available information. (April 2011)
Bankwest has offices in Adelaide, Brisbane,
Melbourne and Sydney. On 12 July 2007, Bankwest announced their “Banking
Refreshed” initiative. It consists of the roll out of 160 new branches across
New South Wales, Victoria, Queensland and South Australia over the next 3 – 4
years, with the aim to win customers from the "big four" banks. It is
anticipated that the initiative will be terminated in October 2008 following
the sale of Bankwest to the Commonwealth Bank of Australia.
Type
Subsidiary of Commonwealth Bank of Australia
Industry Financial services
Founded
1895
Headquarters
Perth, Western Australia, Australia
Key people
Rob De Luca
Ian Corfield
Jason Clifton
Peter Deans
Sue Wilson
Belinda Harding
Products
Transaction Account
Savings Account
Home Loans
Term Deposits
Credit Cards
Revenue A$552 million before tax (2005)
Website
www.bankwest.com.au
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