News

Kiwibank keeps mum on four-day deposit rate bonanza

Monday 25th of May 2009

The bank has advertised its "TD Tuesday" as a four-day offering with a "special Term Deposit mega rate" and seeks to raise funds as rates remain relatively low. Spokesman Bruce Thompson said the market was always competitive, and promotions like this are usually successful in attracting funds.

"It's a competitive environment out there, but there's an opportunity to attract funds," Thomps...

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.