Westpac in Australia to recruit 350 additional bankers to increase its share in the business lending market.
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Sep 02 2025
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Source: Yahoo Finance
Westpac's Hiring Plans: Westpac Banking Corp plans to hire 350 bankers over the next two years to increase its business banking market share, having already added 135 this year.
Market Position and Strategy: Currently holding a 16.1% market share in business lending, Westpac aims to challenge competitors National Australia Bank and Commonwealth Bank by offering lower lending rates and refocusing on business banking after losing ground in the past decade.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
