About Bankwest
Bankwest is a prominent Australian financial institution with a rich history extending back to 1895. Originally established as the Agricultural Bank of Western Australia by the state government, its initial purpose was to support the region's farming industries. Over the decades, it evolved significantly, becoming a full-fledged trading bank in 1945 under the name The Rural and Industries Bank of Western Australia (R&I Bank). The institution continued to expand its services, becoming a savings bank in 1956 and eventually rebranding to Bankwest in 1994 in preparation for its privatisation. In 2008, Bankwest became a division of the Commonwealth Bank of Australia (CBA), one of the country's largest financial services providers, which has further solidified its position in the market.
Headquartered in Perth, Western Australia, Bankwest has navigated the dynamic landscape of the banking industry by embracing digital transformation. In recent years, the bank has made a strategic pivot to become a digital-first bank, a move reflecting the changing preferences of its customers, with a vast majority of transactions now occurring online. This transition involves closing its physical branch network to focus on enhancing its digital and broker banking services. Bankwest is committed to delivering simple, smart, and secure banking experiences. The company serves over a million customers, offering a comprehensive suite of products including home loans, transaction and savings accounts, credit cards, and term deposits. Despite its digital focus, Bankwest maintains a strong connection to its Western Australian roots and continues to be a major employer in the state, with a dedicated team of over 3,000 colleagues focused on customer satisfaction and innovation.
FAQs
- When was Bankwest founded?
- Bankwest was founded in 1895.
- Who is the CEO of Bankwest?
- Jason Chan is the CEO.
- What industries or markets does Bankwest operate in?
- Bankwest operates in the following markets: Banking, Financial Services, Digital Banking, Retail Banking, Home Loans, Credit Cards, Savings and Deposits, Fintech, Consumer Finance, and Mortgage Lending.
- How many employees does Bankwest have?
- Bankwest has 1001-5000 employees.
- Where does Bankwest have employees?
- Bankwest has employees in Australia.
- Does Bankwest support remote work or working from home?
- Yes, Bankwest is a remote-friendly company.
- What employee benefits does Bankwest offer?
- Bankwest provides 9 benefits to their employees.
- Does Bankwest offer a four-day work week?
- No, Bankwest does not offer a four-day work week.
- What is Bankwest's tech stack?
- Bankwest has 8 technologies in their tech stack.
- What is Bankwest's website?
- Bankwest's website is bankwest.com.au.
