Tuesday, 7 October 2008, 11:54 am Press Release: Reserve Bank
New bank registered
The Reserve Bank of New Zealand
today announced that Southland Building Society has been
registered as a bank in New Zealand. Southland Building
Society will continue to be a mutually-owned building
society although also registered as a bank.
There are now
18 registered banks in New Zealand, which are listed on the
Reserve Bank's website (www.rbnz.govt.nz).
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