novatti state that the banking license could take up to 2 years
About International Bank of Australia
International Bank of Australia is authorised by the Australian Prudential Regulation Authority
(APRA) to operate under a Restricted Authorised Deposit-taking Institution licence until 2
November 2024. Under this authority International Bank of Australia has restrictions on the
amount of deposits it can take, is not required to meet the full ADI prudential framework and
will not be offering banking products to the general public
Avenue applied sept 21 yet granted on march 4th 2024
that is more than 2 years .........
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novatti state that the banking license could take up to 2 years...
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