Bankwest is a wholly owned subsidiary of the Commonwealth Bank of Australia and a full service bank. Bankwest is active in all market segments, and its lending is diversified between the business, rural, housing and personal markets, including the full range of deposit products.
In its home state Western Australia, Bankwest is a market leader with about one quarter of all bank advances and deposits.
More than 900,000 customers are served through an extensive network of branches, cost-effective direct and third party distribution channels, agencies and electronic banking facilities, as well as 24-hour telephone and internet banking services.
Bankwest is an award winning bank recently winning 2008 Bank of the Year at the AFR Smart Investor Blue Ribbon Awards, gold in Money Magazine's 2008 Best of the Best awards for its TeleNet Saver, Regular Saver, Bankwest tddirect, Kids' Bonus Saver, Hero Transaction Account and Zero MasterCard. Bankwest also won the 2008 Lender of the Year at the Mortgage and Finance Association of Australia (MFAA) Excellence Awards and 2008 Regional Bank of the Year at the Australian Banking & Finance Magazine Awards.
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