Westpac Europe Ltd

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Westpac Europe Ltd Logo

Address

63 St Mary Axe, EC3A 8LE, London, United Kingdom

BIC

n/a

Overview

Category

Commercial banks

Business Focus

corporate and institutional banking

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.

Performance

In 2023, Westpac Europe Ltd achieved the position of 180th largest bank in the United Kingdom with a market share of 0.00%; its total assets dropped by 37.34%.

Additionally, the bank became the 53rd profitable bank in relation to its total assets showcasing 0.91% return on assets and 2.97% return on equity in 2023.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Westpac Europe Ltd.

Financials

Total Assets of Westpac Europe Ltd
Annual_profit of Westpac Europe Ltd
Market Share of Westpac Europe Ltd
Total Assets (2023)
167.21 mln USD   (-37.34%)
Annual Profit (2023)
1.98 mln USD   (+315.79%)

Westpac Europe Ltd was the 180th largest bank in the United Kingdom in terms of total assets. In 2023 its total assets were 167,21 mln USD, providing the bank with the market share of 0.00%. In 2023 the bank's annual profit was 1,98 mln USD.

Deposit Guarantee

Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Protected Amount
up to 85,000 GBP
Eligible Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Westpac Europe Ltd participates in the deposit guarantee scheme of the United Kingdom which applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Westpac Europe Ltd is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

See Also

Contacts

address63 St Mary Axe, EC3A 8LE, London, United Kingdom
phone44 02076217000
fax44 02076217105
websitehttps://westpac.com.au

Westpac Europe Ltd was headquartered in London.

Social Networks

Westpac Europe Ltd has profiles at the following social networks:

See Also

Bank Identifiers

LEI
549300RTZMW2HYAV4515
Company Number
05660032
MFI ID
GB2807

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
447161

Westpac Europe Ltd was authorized and supervised by the Financial Conduct Authority (reference number 447161).

Bank History

Start Date
December 2005
Close Date
March 2024
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