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PO Box 3147 Phone (03) 666-952 Christchurch Fax (03) 654-148 As from Monday, April 3rd 1989, our new address is 9th Floor, United Building, 220 High St, Christchurch. Corporate Member NZSE Member of United Group mm JWWSTMENT BONDS UNIT PRICES AS AT March 30, 1989 BUY SELL MINIMARKET SLOB $1 01 CAPIT.ALGROnTH $1 () 8 $1 ()1 Royal Life (NZ) LIMITED FREEPHONE (04) 731-378 COMMERCIAL FUNDS AVAILABLE Minimum amount $100,000.00 | Competitive fixed and variable rates 1 -5 years term Lower cashflow rates negotiated _ Enquiries to Peter Yates, or Jim Kiesanowski — telephone (03) 798-560 or write to PO Box 203, Christchurch. fjlli TRUST BANK CANTERBURY s §. c ,

Do other Financial Institutions 4y Asset backing for Depositors f unds $4.4/$l Efficiency i,s ■" 311 September 19KK The Society’s operating costs relative to our A* size are the lowest of any comparable Jj <q financial institution in the country. This affix • dP v efficiency allows the Society to operate on an is ■'-*'■•«■(-’< J/ <b extremely low interest rate margin which .' 61.8% of our advances are guaranteed bv means our borrowers consistently enjoy the jfiL r - / J ~“ * A. ' lowest lending rates available while we xy Housing Corporation of New Zealand continue to reward investors with much y \% higher than average Investment rates. £ # $6.3 million net profit before tax lor xjr year cn ded 31/3/XX Performance £* x|r 63.9% of our assets are Government Backed The Society has established a consistent and /g '?'>?* Securities reliable record of profitability and growth ?■ ' xy for over 120 years. cqi n >ol.U million advanced to new borrowers in last jg&Z >xj? financial year SeCUrity 120 years of service The Society offers investors exceptional >< security. With excellent liquidity and a large Jjfyl 13% Highest investment rate proportion of already quality assets effectively \ . - Kgestt the cmlntry.“ am ° nBS ' * he 14 ’ 5% PnmC Rv ' idCn,ii '' ““ Investors can also enjoy the confidence that iro/ at our low lending rates, borrowers are in a 16% Prime Farming rate much improved position to service their agF”* CH finances. $17.1 million total reserves $2O million standby committed liquidity arrangements held jF XT ~ Liquid investments held represent 20.7% Aw 27.5% reduction in prime mortgage rates Q) in last 12 months A® // SoutbuJand *■* O.# $3OO million Total Assets # #xF Building andlnvestment Society A free copy of our Prospectus and Mortgage 226 High Street. CHRISTCHURCH. Phone (t>3) hs4-991 Finance brochure are available from any sg4 George Street. DUNEDIN Phone (t>24) 775-10(1 J* Southland Building Society Branch. 9 Tav Street. INVERCARGII.I . Phone ((>2ll X6-ISM ,$• h J • 1 7a Shotoser Street. QUEENSTOWN. Ph.mc (H 294 I 2 ? -4<9 47OTtC

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https://paperspast.natlib.govt.nz/newspapers/CHP19890405.2.141.4

Bibliographic details

Press, 5 April 1989, Page 37

Word Count
425

Page 37 Advertisements Column 4 Press, 5 April 1989, Page 37

Page 37 Advertisements Column 4 Press, 5 April 1989, Page 37