International Finance

Westpac extends Victorian Government banking contract

The contract will expire on 30 September 2020

Westpac Institutional Bank (Westpac) is delighted that the Victorian Government has confirmed its decision to extend its partnership with Westpac as the sole provider of cash and banking services for a further two years, expiring 30 September 2020 with a one-year extension option available.

Westpac has delivered on a long standing partnership with Victoria, serving the State Government for the last 18 years and its citizens since 1851.

Westpac Institutional Bank Chief Executive Lyn Cobley said the Bank considers it a great privilege to work with such a forward thinking government that is delivering jobs growth and driving major infrastructure projects.

“We have retained this important partnership by focusing on delivering purposeful innovation that supports how Government does business and interacts with the citizens of Victoria,” Ms Cobley said.

“Working closely across multiple Departments and Agencies, Westpac is currently implementing a number of unique transformational solutions.

“The Victorian Government is both a key customer and a strategic partner, with the relationship recognised and supported at the highest levels within Westpac,” she said.

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