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BankWest quashes HBOS funding rumours

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The Adviser

BankWest has denied rumours its east coast expansion is under threat because of funding pressures on its parent company HBOS.

According to the Sydney Morning Herald a BankWest spokesperson said the group did not comment on market speculation however she would confirm the group’s expansion plans were running to schedule.

“Our branch expansion is tracking well and is on schedule,” the spokesperson said.

Published: 04-06-08

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