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MyState and Auswide Unite Under One Licence, Eye $25M Annual Synergies
9:58am on Friday 28th of November, 2025 AEDT
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Financial Services
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MyState and Auswide Unite Under One Licence, Eye $25M Annual Synergies
9:58am on Friday 28th of November, 2025 AEDT
Key Points
Auswide Bank transfers all assets and liabilities to MyState Bank Limited
Auswide’s banking licence surrendered to APRA
Auswide brand and customer products remain unchanged
Targeted annual pre-tax synergies of $20 to $25 million over three years
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MYSTATE (ASX:MYS)
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