TMM - News

Kiwibank also raises interest rates

Thursday 29th of September 2022

The company is attributing the increase to rising base interest rates imposed by the Reserve Bank.

Kiwibank has raised its fixed rates from the six-month limit to four-year loans, in contrast with the BNZ’s inaction on longer term loans.  

For Kiwibank, the two-year fixed rate has gone up from 5.45% to 5.65%, where there is a deposit of at least 20%.

With...

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.