News Archive

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1988

1987

1986

Consolidate Credit News

Westpac Sells Down Third Of Us Assets

Tuesday April 13, 1993
Westpac has sold $US5.5 billion ($A7.7 billion) of its US credit commitments to Toronto-Dominion Bank of Canada. The sale, which amounts to a third of its US assets, is part of its recovery strategy to scale down overseas operations and concentrate on banking in Australia and New Zealand. The