Wales/Westpac Ex-PNG/Pacific Staff Reunion
In 1988 Westpac acquired the European Pacific Banking Corporation in the Cook Islands and a Hong Kong Shanghai Banking Corporation (HSBC) subsidiary, the Solomon Islands Banking Corporation, which HSBC had established as a branch in 1973.
Westpac also acquired HSBC's operations in Fiji and the New Hebrides, and established a branch in Niue that is the only bank in that country. (HSBC had established its branch in Fiji only some 18 months earlier).
In 2004 Westpac sold its branch in Niue to the Bank of South Pacific. - Media Release - Pacific Islands Report
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