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| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Developing a new way for building societies to raise tier-one capital |
| Originality | 7 |
| Rationale | 6 |
| Impact | 6 |
| Total | 19 |
| Description | Created a mutually controlled banking business, backed by private equity, for Kent Reliance Building Society. The structure maintains a balance between mutual ownership and the ability to raise crucial capital. |
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