Wales/Westpac Ex-PNG/Pacific Staff Reunion

French Polynesia

In 1990 WBC bought Banque Indosuez's operations in New Caledonia and Tahiti. Banque de  l'Indochine, which later merged into Banque Indosuez, had established itself in New Caledonia in 1888 and in Papeete, Tahiti in 1905. In both places l'Indochine functioned as the bank of issue until 1966-7.

Between March 1998 and March 1999, the Bank of Polynesia prepares for the acquisition of Westpac Banking Corporation operations, which materializes on March 31, 1999.

At the time Westpac had about 200 staff in the two French Pacific territories, with fourteen bank branches in New Caledonia and thirteen in French Polynesia.