By Gareth Vaughan
Ten banks have expressed interest in Westpac's master banking contract with the Government.
The Ministry of Business, Innovation & Employment (MBIE) and Treasury issued a Discussion Document on all-of-government banking services in June, in which they said the Government was looking to tender for core transactional banking services for the first time since 1989. Westpac has had the business through this entire period.
Asked how many banks had expressed an interest in providing the banking services the Government plans to tender for, MBIE's manager for collaborative procurement, Grant Lyons, told interest.co.nz 10 responses had been received.
This is an abridged version of this article. The full version was published in our email for paid subscribers. See here for more details and to subscribe.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.