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BankWest sale rumoured

Staff Reporter 1 minute read

BankWest could be up for sale as rumour circulates that its parent company HBOS is coming under severe cost pressures.

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The Herald Sun reported today that BankWest has pulled out of several lease deals on properties earmarked for branch locations because of funding difficulties faced by HBOS.

According to a source to the paper the conjecture is that the bank would be sold “for the right price”.

Published: 03-06-08

BankWest sale rumoured
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