Westpac says wholesale investor base broadened in 2011/12

In its annual results, presented on November 5, Westpac Banking Corporation (Westpac) says it achieved access to a range of new wholesale investors in the 2011/12 financial year. As with the other major banks to report in recent weeks, Westpac also emphasises the strength of its deposit and capital bases, its relatively low reliance on short-term funding, and the growth of its liquid assets book.