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BRIEF-Co-Operative Bank comments on Capita mortgage outsourcing program

Sept 29 Co-operative Bank

* Refutes Capita's suggestion that they have delivered an element of transformation programme which bank has not paid for

* Existing outsourcing of mortgage processing to Capita continues to operate in a satisfactory manner

* There are amounts which bank regards as owing to it by Capita; continues to work through issues surrounding transformation programme Source text for Eikon: Further company coverage:

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