Media releases

Westpac named Best Business Bank in Australia for fourth consecutive year

24 August, 2018

 

Westpac today announced its Business Bank has defended its leading position as Best Business Bank in Australia for the fourth consecutive year at the prestigious Australian Business Banking Awards 2018.


The division, led by Chief Executive David Lindberg, was also named Best Cash Management Bank and its business banking platform, Westpac Live, was named Best Digital Platform.


Alastair Welsh, General Manager Commercial Banking accepted the awards on behalf of Westpac, and said they reflect the collective motivation and dedication of thousands of quality bankers, specialists, service and support employees across Australia.


We’re constantly investing in, and developing our people, products and services to reduce our customers' pain points and to help drive the productivity and profitability of Australian businesses.


“There is certainly strong competition in our sector however what sets us apart is the quality of our people and our deep understanding of the needs of businesses across all sectors - from sole traders to large privately owned enterprises,” Mr Welsh said.


Westpac has the largest network of branch-based business specialists across Australia to support small businesses. It also has dedicated specialisation teams in key industries such as Agribusiness, Healthcare, Education, Property and Professional Services that provide a personalised and relevant service.


Westpac is focusing on providing holistic, professional banking solutions such as:

 

  • Presto – an integrated payments solution for business that simplifies in-store payments
  • LOLA (Live Online Lending Application): an award-winning platform that allows small-sized businesses to apply for additional funds and develop their business needs without spending time on application documentation;
  • Westpac Live for Business: an award-winning online, mobile and tablet banking platform that provides intuitive, seamless and secure banking on the go; and
  • Connect Now: a video-conferencing service that provides instant access to a dedicated team of banking specialists that can help customers with a range of business needs.

 

Westpac also has a long-standing commitment and track-record in helping new and upcoming businesses reach their full potential through a wide range of business support programs, grants, sponsorships and awards, including Businesses of Tomorrow, Many Rivers, Westpac IQ, Thrive, the Future Leaders Scholarship, and the Westpac Bicentennial Foundation.