Original article by Clancy Yeates
The Australian Financial Review – Page: 13 & 16 : 9-Nov-15

The head of Westpac’s consumer banking arm, George Frazis, says his division aims to increase its customer base by 850,000 in coming years. The ambitious target is part of plans by CEO Brian Hartzer to gain an additional one million customers across Westpac’s operations by 2017. Frazis has signalled a push to increase home loan and transaction account customers. Westpac also aims to reduce its cost-to-income ratio from 43.8 per cent in 2014 to less than 40 per cent within three years.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, BANK OF MELBOURNE LIMITED, ST GEORGE BANK LIMITED, BANK OF SOUTH AUSTRALIA LIMITED, RAMS HOME LOANS PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BELL POTTER SECURITIES LIMITED