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New bank registered

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.

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Sonia Speedy
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04 471 3846, 021 663 082, [email protected]