
News
Investment rates continue to rise
Monday 5th of November 2007
One bank reports flows at 15% above normal levels and Westpac disclosed in its results last week its deposit base was growing on the back of new products and a "flight to quality." It said that deposit growth in the second half of the financial year was up 23% on an annualised basis.Although banks are pulling in the money they remain competitively focused. During the past week Raboplus increa...
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