Westpac Financial Performance Update
10 |
Portfolio is well diversified
$35,000
$30,000
➤ Overall portfolio mix remains well
diversified across all regions, with the
greatest proportion of exposure to
NZ TCE by region ($ million)
Home Loan
Other Consumer
Property Finance
AgriBusiness Other Business
the Auckland region, consistent with
population demographics
$25,000
$20,000
$15,000
$10,000
$5,000
$0
Auckland Christchurch Wellington Rest of North Overseas
Island
➤ WNZL portfolio is well balanced
between Consumer and Business
lending
Retail portfolio make up just over
50% of the total lending portfolio,
primarily Mortgages (secured)
Business and Institutional Lending
represent 45% of the total lending
portfolio with Agriculture, Finance
and Property being the largest three
sectors, consistent with the NZ
economy industry mix
Portfolio breakdown by TCE (%)
Credit Cards
4.7%
Other Retail
0.8%
Finance
6.7%
Mortgage
50.0%
Transaction Managed, 44.6%
(Business Banking @ 21.4%;
Institutional/ WIB @ 23.2%)
Property
7.2%
Rest of South Institutional
Island
Government
3.3%
Manufacturing
4.0%
Utilities
2.5%
Wholesale Trade
2.0%
Transport & Storage
2.2%
Agriculture, Forestry & Fishing
8.1%
Others
8.6%
PRIVATE & CONFIDENTIALView entire presentation