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BANKS

New bank registered

Wednesday 26 October 2011, 2:35PM

By Reserve Bank of New Zealand

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The Reserve Bank of New Zealand today announced that PSIS Limited has been registered as a bank in New Zealand. It will remain a co-operative company and will be changing its name to The Co-operative Bank Limited.

There are now 21 registered banks in New Zealand, which are listed on the Reserve Bank’s website.