25 Mar 2021

Speculation rife over Westpac's withdrawal from New Zealand

From Checkpoint, 5:29 pm on 25 March 2021

Sold to another bank, listed on the New Zealand Stock Exchange or winding down the business completely, speculation is rife over what will happen if Westpac decides to withdraw from its New Zealand operation. But experts say it is too profitable here for the bank for it to completely withdraw and it's likely a minority stake will be listed on the NZX. Sally Murphy reports.