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Nelson Building Society receptive in principle to SBS shared services idea, Wairarapa Building Society not interested, RBNZ mum

Business
Nelson Building Society receptive in principle to SBS shared services idea, Wairarapa Building Society not interested, RBNZ mum

By Gareth Vaughan

One of the potential partners for departing SBS Bank CEO Ross Smith's suggestion of smaller banks and building societies sharing back office services is receptive to the idea, but says it has taken SBS a long time to come around to it.

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