AUSTRALIAN BANKS
LOWER INTEREST.
SYDNEY, October-11
The Commonwealth Bank announces a further reduction in interest • rates of per cent per annum on fixed deposits for six, twelve and 24 months. Overdraft rates on current account are to be reduced on November 1 to a maximum of 4J per cent. 1 The Bank of New South Wales and the Commercial Bank of Sydney are falling into line as regards fixed deposits. The new rates take effect today.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19341012.2.36
Bibliographic details
Northern Advocate, 12 October 1934, Page 4
Word Count
76AUSTRALIAN BANKS Northern Advocate, 12 October 1934, Page 4
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in