Westpac opens its 2nd branch in China

The new branch in the World Finance Centre in Beijing’s Central Business District is Westpac’s sixth office in the region.

Speaking at the opening in Beijing, Westpac Institutional Bank Group Executive Rob Whitfield said, “China is Australia’s largest trading partner and the opening of our Beijing branch better positions us to support our customers’ trade and investment flows between China and Australia and New Zealand.

Westpac’s Shanghai branch, which opened in 2008, has proved a great success for the bank. Within 3 years
the branch has created a sustainable business portfolio and experienced significant growth in assets and profitability.

The Beijing branch will similarly focus on supporting corporate and institutional customers. The range of services available to customers in Beijing includes foreign currency debt and capital markets products, money market and deposit products, trade finance and foreign exchange.

Westpac opened its first representative office in China in 1982. In addition to the new Beijing branch, it also has a branch in Shanghai. The Chinese branches are supported by branches in Hong Kong and Singapore and representative offices in Mumbai and Jakarta.

Also Read

Mizuho expands mid-term finance emission targets

China’s investment banking fees drop 25% in 9M 2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit