WAR LOAN AFFECTS DEPOSITS.
Scottish banks on Saturday. July 31, officially announced that the deposit interest was raised I per cent to arrestthe drain on deposits in view of the War Loan. Never before have Scottish banks raised the deposit interest without a similar advance being n..adc by the Bank of England. The Scottish Commissioners on landed securities havs ;p.tirn -ii-id that the rate cf interest on lir-t-rlass securities from November wilt be A\ per cent, the highest rtooinnieitriod for fifty years.
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https://paperspast.natlib.govt.nz/newspapers/TS19150928.2.10
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Star (Christchurch), Issue 11504, 28 September 1915, Page 1
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82WAR LOAN AFFECTS DEPOSITS. Star (Christchurch), Issue 11504, 28 September 1915, Page 1
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