Westpac Europe Ltd

Westpac was established in 1817 as the Bank of New South Wales and is the oldest Australia's bank. Westpac provides retail, private, corporate and investment banking, wealth management and insurance products and services to individuals, small-to-medium enterprise, commercial and agribusiness customers in Australia and New Zealand.

Financials

Total Assets (2017)
368.91 mln USD  (+2.06%)
Annual Profit (2017)
458 000.00 USD  (+38.37%)

Westpac Europe Ltd is the 151st largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 368,91 mln USD, providing the bank with the market share of 0.00%. In 2017 the bank's annual profit was 458 000,00 USD.

Westpac Europe Ltd participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

63 St Mary Axe, EC3A 8LE, London, United Kingdom
44 02076217000
44 02076217105

Westpac Europe Ltd is headquartered in London.

Bank Identifiers

MFI ID
GB2807
Company Number
05660032
Start Date
December 2005

Financial Positions

Total Assets (2017)
368.91 mln USD  (+2.06%)

In 2017 total assets of Westpac Europe Ltd were 368.91 mln USD. Growth compared to the previous period (2016) was 2.06%. The evolution of the total assets of Westpac Europe Ltd is shown at Chart 1 below.

Total Assets of Westpac Europe Ltd.

Chart 1. Total Assets of Westpac Europe Ltd.

Profit and Loss

Annual Profit (2017)
458 000.00 USD  (+38.37%)

In 2017 annual profit of Westpac Europe Ltd was 458 000.00 USD. Growth compared to the previous period (2016) was 38.37%. The evolution of the annual profit of Westpac Europe Ltd is shown at Chart 2 below.

Annual Profit of Westpac Europe Ltd.

Chart 2. Annual Profit of Westpac Europe Ltd.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
151st (market share 0.00%)

In 2017 Westpac Europe Ltd was ranked the 151st largest bank in the United Kingdom in terms of total assets, having 0.00% of the domestic market share.

Market share of Westpac Europe Ltd (among banks in the United Kingdom)

Chart 3. Market share of Westpac Europe Ltd (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to Westpac Europe Ltd are shown below.

RankNameTotal AssetsMarket Share
150Gatehouse Bank Plc280.53 mln GBP0.00%
151Westpac Europe Ltd368.91 mln USD0.00%
152The Stafford Railway Building Society271.49 mln GBP0.00%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of Westpac Europe Ltd failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Westpac Europe Ltd is shown in the table below.

MFI ID  GB2807

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  05660032

European Presence: 3 banks in 2 countries

Westpac Europe Ltd operates under the brand name Westpac. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

United Kingdom

Banking Products in the United Kingdom