 | |
| Formerly | Rural and Industries Bank Agricultural Bank of Western Australia |
|---|---|
| Company type | Subsidiary |
| Industry | Financial services |
| Founded | 1895 |
| Headquarters | Bankwest Place, Perth, Western Australia |
Area served | Australia |
Key people | Jason Chan, Executive General Manager |
| Products | Home loans Transaction accounts Savings accounts Term deposits Credit cards |
| CA$778 million (US$622.4 million) (2016) | |
| Parent | Commonwealth Bank |
| Website | www |
Bankwest is an Australian bank based in Perth, Western Australia. It was founded as the Agricultural Bank of Western Australia in 1895 by the Government of Western Australia being renamed the Rural and Industries Bank in 1944, and Bankwest in 1994 before being privatised. After a period of being a listed company on the Australian Securities Exchange, it was taken over by the Bank of Scotland, and since 2008 has been a subsidiary of the Commonwealth Bank.
Having expanded into the Eastern states in the 1980s, it closed the last of these branches in October 2022. The remaining 60 branches in Western Australia will be closed by the end of 2024 with 15 being converted to Commonwealth Bank branches. Bankwest will then become an online bank only.