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A man walks past a branch of the National Australia Bank (NAB) in Melbourne on May 6, 2021 as the bank more than doubled its half-year profit to 2.48 billion USD due to the Australian and New Zealand economies having a better than expected COVID recovery. (Photo by William WEST / AFP)

Bank takeover gets green light

One of the nation’s biggest banks has been given the go-ahead to absorb a neobank in a bid to boost its digital capacities and add more customers.

Original URL: https://www.dailytelegraph.com.au/business/breaking-news/page/200