Page 31 Advertisements Column 1

Press, 4 November 1986, Page 31

19th. APRIL 1986 ■ ANZ snips lending rates THE ANZ Banking Group r was offering yesterday a tamer. ANZ has lowered its first change was to bring exist - announced a 0.5 per cent By AHOWEWHBtE top deposit rate of 22.5 Ou Wednesday, the Na- mortgage rates, which in ing mortgages into tine, cut on most of its lending *— — per cent Tor four months. tional Bank announced jiiW ANZ’s caseMre 18 her rates yesterday, following extension of these to retail While rates remain at 0.5 per cent cut in its base cent for most existing bankers pointed out first • deposits, he said. < such high levels, bor- rate tolB per cent Under mortgages and 19 per cent mortgage rates were still Banking sources rowers cannot expect a base rate system, loans for new mortgages, W > below other bank lendr M oot yesterday that much relief. „ .: are given at margins However, Westpac rates by a consider t 'oiesate rates ■ 'Hie ANZ’s 0.5 per cent' above the base according went against; the trend margin. ' Markedly — apply'to ]personial> to by' annwneing'" '<w.'TiaT>' * 7 ner loans, second home mort- purpose and indiviite" k - gages, 'special housing fi* customer. ' -<?e schema 9th. JUNE 1986 ANZ undercuts X/ >24 '’U'XTX ' X .. "'".X - ' mortgage rates ■ ' ' , ’ s s'';"' * NZPA . WeWngton Trading banks are moving more aggressively into the home mortgage market •wim the'&nouncement todayby the ANZ Bascmg Group of prefinancing available to new and non-customers. , < . ;: The' tMte Engage" rfe 4 t x'« :i ? --owners with loans from per cent for IK ' <r *'^"y '\ z 16mJUIY1986 ANZ rates cut again ’.‘. • • > *&■, , * J ,'. ’<£?; > . ' OW'W mil(NZPAJ. - ANZ Bank Is fam to more than 26)0 a««ln reducing its housing home owners, Many el ioan ratee for new end 'these customers came .\. v . j 'U6<a year for W mort- . and'buUdim’ ■ k ' j yages. 23rd. SEPTEMBER 1986 Further ANZ cuts PA Wellington said the bank's managing rnent to housing fiance , wen as..reducing in|Mh£ ANZ. Bank is again ■ ■ ■ ;;Woto -.timber . forest raW in. our other > reducing its housing loan index lending rate will be business sectors," , Nfr 7 interest rates 0.5 per cent cut I per cent to 16 per Weeks said, ,/ - and most of its other terror Since lending rates by 1 per loans, fully — ' cent, ' wws* K . • A FEW OF OUR CUTTINGS FOR 1986. It seems as though our mortgage and lending rate -In fact wherever there’s an opportunity to make cuts made big news this year. banking better for you, we’ll find it. Big enough to have made other banks and building Like our unique GST service. societies try and match us. . Or our Junior Super Saver. Ari account especially But we kept on cutting. Giving our competitors a designed to teach children the value of saving. very hard time. Next year we’re planning even greater things. And, more importantly, giving our customers the Just to make sure our customers A , T4H best deal possible, stay a cut above the rest. JBk