
News
ASB hikes TD rates
Monday 9th of November 2009
ASB cut its three-month rate 25 basis points, but boosted its six- and nine-month terms 75 and 40 points respectively, and its 18-month, two-, three-, four-, and five-year terms 75, 40, 60, 35, and 35 points, giving it the best bank rate for terms longer than two years.
Last week, ANZ Bank group chief executive Mike Smith complained about the deposit rate war, calling it “ridiculous” sev...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
3 min read