Page 43 Advertisements Column 3

Press, 10 May 1989, Page 43

| Countrywide \ I Banktop of | I safety list I I in survey. ■■ By NEVILLE has yet to grow into that i fl| GLASER capital base. I Countrywide Bank ap- Peat Marwick gave I pears to be the only ma- data on each bank’s 7 fl jor New Zealand retail gearing percentage. The / fl bank well within inter- greater the percentage, I fl national safety limits the greater the margin I fl| when measuring how of safety. j fl| much each bank has in It found the following I VK reserve to meet bad gearing ratios for the / 9B| debts and other potential major banks, in ascend- ) « disasters. ing order: ANZ Bank / H This is revealed in a 5.29%; Westpac 6.18%; / data book published by National Bank 6.56%; I |fl| accounting firm Peat BNZ 7.16%; National I M Marwick . that attempts Australia Bank 7.94%; | a standardised compari- and Countrywide \ fIH son of 65 banks and 12.69%. 1 HH financial institutions. Internationally, the ■M Countrywide is in a gearing standard was strong position because recently set at 8%. . . it raised capital recently Vfl when it was listed, and Auckland Star Thursday March 30th 1989 Bank investments that assure a good return, are best. Yesterday’s INVESTORLINE Countrywide Bank offers you the security Bank offers a range of competitive term Money Market Rate of a Registered Bank. deposits — just call into any Countrywide y But that’s not all, we also offer you all Bank branch and ask about our term ■■■ SI/ the flexibility you need. investment options. ■■■■ g J B 0/(1 If you like to have your money as close Either way contact Countrywide Bank ■ ■■ • U as the phone while still earning a high for the investment that suits you best. ■ ■ ■ ■ ■nA money market interest rate, Investor Line ■ ■ | a A a is the answer on toll free (09) 399 402, or - -■ Dnnl/ (09) 775 450. vountrywio© oariK on call $5OOO - $24999 But if you’d prefer to put your money ■— away for some future need, Countrywide Bank OH US ■ | A Registered Prospectus (relating to Countrywide's Debt Securities) may be obtained from any branch of Countrywide Bank in New Zealand.