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Business Scoop » SBS Chairman Announces Appointment Of New SBS Group CEO - Vimarsana News

Business Scoop » SBS Chairman Announces Appointment Of New SBS Group CEO

Business Scoop provides news and views on Business and Markets from New Zealand

SBS Bank chief executive Shaun Drylie to step down at the end of the year - Vimarsana News

SBS Bank chief executive Shaun Drylie to step down at the end of the year

SBS chief executive Shaun Drylie has announced he will be leaving the organisation at the end of the year.

SBS Bank doubles its operating surplus - Vimarsana News

SBS Bank doubles its operating surplus

Last year's operating surplus came in low, because SBS Group was holding money back in anticipation of losses, Drylie said. The business was able to draw from this safety net in the past financial year, which resulted in this year’s growth, he said. The business has increased its investment in digital banking with new software and was teaching its older members to use telephone and Internet banking as the bank prepared for a cheque-free future. The march towards digital services raised the potential risk of cyberattacks, not only for SBS, but all organisations, Drylie said. “As we be...

Business Scoop » SBS Bank's Full-year FY20-21 Results Show Strength And Stability - Vimarsana News

Business Scoop » SBS Bank's Full-year FY20-21 Results Show Strength And Stability

Business Scoop provides news and views on Business and Markets from New Zealand

SBS Bank's Full-year FY20-21 Results Show Strength And Stability - Vimarsana News

SBS Bank's Full-year FY20-21 Results Show Strength And Stability

The SBS Group has reported a strong result for the 20-21 financial year despite the challenges of Covid-19, particularly during the first quarter for the period. The SBS Group which includes subsidiaries Finance Now, FANZ and Southsure, reported ...