Westpac Banking Corporation · ASX:WBC
Westpac Banking — Investor Presentation (July 2017)
17 slides from Westpac Banking's investor presentation, Jul 28, 2017
Slide 1: Westpac Institutional Bank Update – July 2017
For personal use only 200 years proudly supporting Australia Westpac Institutional Bank Update – July 2017 All financial metrics in this presentation relate to Westpac Institutional Bank unless otherwise stated. Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 1
Slide 2: A valuable franchise adapting well to a changing environment
A valuable franchise adapting well to a changing environment 2 For personal use only A strong, award-winning institutional franchise Responded early to a changing environment A service strategy to deepen customer relationships, leveraging our industry expertise and capabilities Maintaining a consist
Slide 3: Franchise sustainability from strength and scale of platform, solutions and expertise
The sustainability of WIB’s franchise comes from the strength and scale of our platform, solutions and expertise 3 WIB’s franchise is continually being For personal use only enhanced as leading products and expertise add to strength and scale which in turn enhances products and Best in class product
Slide 4: An important and valuable part of the Group
An important and valuable part of the Group 4 For personal use only Contribution to Westpac Group 1H17 cash earnings by operating division1 (%) • 17% of Group earnings2 Consumer Bank • $3.1bn revenue3 11 • $93.8bn deposits2 / $71.5bn net loans2 Business Bank 17 37 • Financial Markets business provid
Slide 5: Actively responded to macro environment and industry trends
Actively responded to macro environment and industry trends 5 Forces of Change WIB Response For personal use only • Implemented a leaner and more agile structure • Transitioning economy with lower based on service MACRO growth profile • Support customers through cycles ENVIRONMENT • Shorter more vol
Slide 6: Service strategy aligned to Group strategic priorities
Service strategy aligned to Group strategic priorities 6 WIB’s strategy is based on developing deep and enduring relationships through leading platforms, For personal use only solutions and deep industry/market insights • Reduced costs to better match revenue environment Performance • Pricing discip
Slide 7: An operating model that supports customer service and business agility
An operating model that supports customer service and business agility 7 Corporate & Global Transaction For personal use only Westpac Institutional Bank Markets Financial Other Institutional Banking Services businesses 37% 20% 33% 10% Trusted solutions and advice delivered Smart and efficient cash m
Slide 8: Bringing together capabilities across the WIB platform in infrastructure
Bringing together capabilities across the WIB platform in infrastructure 8 For personal use only • WIB has provided >$2.4 billion of new committed funding in support of the 7 of 10 >$45bn Australian and New Zealand infrastructure sector in the last 12 months major total • Supported key clients at a
Slide 9: Well positioned for opportunities in public sector banking
Well positioned for opportunities in public sector banking 9 • WIB is the largest banker to the Australian/NZ public sector For personal use only • >$30bn in deposits • Banker to NSW, Victoria, Tasmania & ACT governments (representing >60% of the Australian population) • 168m1 transactions • Mandate
Slide 10: Investing in innovative customer solutions, including Corporate Lending Portal
Investing in innovative customer solutions, including our market-first Corporate Lending Portal 10 For personal use only Westpac Corporate Lending Portal • Digitises ~$40bn of loans across 1,500 large 1 3 4 and complex customers • Provides a self-service option to customers replacing the 2,500 – 3,0
Slide 11: Benefiting from a disciplined approach to managing the balance sheet
Benefiting from a disciplined approach to managing the balance sheet 11 For personal use only WIB balance sheet WIB stressed exposures as a % of TCE (%) WIB deposits ($bn) • Deposits up 17% or $13.5bn since 2H15 Impaired 4.6 93.8 • Benefiting from WIB’s 90+ days past due and not impaired 88.4 positi
Slide 12: Australasia's leading Institutional Bank
Australasia’s leading Institutional Bank 12 For personal use only Strong and enduring Best in class products and Industry expertise and customer franchise services capability Well positioned for Investing in innovative Maintaining performance opportunities as they arise customer solutions discipline
Slide 13: Additional slides
For personal use only Additional slides
Slide 14: Definitions
Definitions 14 For personal use only Average interest-earning assets and is the average balance of assets Impaired Includes exposures that have deteriorated to the point where full collection AIEA held by the Group that generate interest income. Where possible, daily assets of interest and principal
Slide 15: Definitions (continued)
Definitions (continued) 15 BT Financial Group (Australia) (BTFG) is the wealth management and For personal use only Consumer Bank (CB) is responsible for sales and service to consumer customers in Australia under the Westpac, St.George, BankSA, Bank of insurance arm of Westpac Group providing a broa
Slide 16: Investor Relations Team
Investor Relations Team 16 For personal use only Equity Investor Relations www.westpac.com.au/investorcentre Andrew Bowden Nicole Mehalski Annual reports Head of Investor Relations Director Presentations and webcasts +61 2 8253 4008 +61 2 8253 1667 5 year financial summary andrewbowden@westpac.com.a
Slide 17: Disclaimer
Disclaimer 17 For personal use only The material contained in this presentation is intended to be general background information on Westpac Banking Corporation (Westpac) and its activities. The information is supplied in summary form and is therefore not necessarily complete. It is not intended that