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Westpac denies ‘milking’ customers, says it is keen to grow

The bank has told a select committee inquiry it isn't happy being ranked fourth in NZ.

Westpac is not content with being NZ's fourth largest bank.

Westpac chief executive Catherine McGrath is not satisfied with being the country’s fourth-largest bank, telling MPs today there is ample room for competition and growth.

It was the Australian-owned bank’s turn to front up to the parliamentary select committee inquiry into banking competition

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Jonathan Mitchell Wed, 20 Nov 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Westpac denies ‘milking’ customers, says it is keen to grow
Finance,
106786
true