INTEREST RATES.
DEPOSITS AND MORTGAGES. The following resolutions were car ried at a meeting of the trustees of th Auckland Savings Bank yesterday:— (1) That the rate of interest on a 1 mortgages completed on and,after *'i date be 6 per cent per annum, and tha this i ate be chargeable on all curren and overdue mortgages as from Januar I, 1929; (2) that - , 'subject to the consen of the Governor-General' being obtained and the necessary three months' notic having been, given in the Gazette, th rate of interest payable to depositors b reduced ttom 4} per cent per annum t< *i P«f ft per annum, a* from Apri
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19281206.2.59
Bibliographic details
Auckland Star, Volume LIX, Issue 289, 6 December 1928, Page 8
Word Count
109INTEREST RATES. Auckland Star, Volume LIX, Issue 289, 6 December 1928, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.