SHORT TERM DEPOSITS.
BANK RATE INCREASED. WELLINGTON, Thursday. The banks in order to encourage the placing of money on fixed deposit with them for short terms, has decided to raise the three months’ rate to 33 percent per annum and allow the same rate for broken periods after three monts for any time up to within 12 months. The new rate is to take effect as from the 15th inst.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WPRESS19261210.2.24.3
Bibliographic details
Waipukurau Press, Volume XXII, Issue 222, 10 December 1926, Page 5
Word Count
70SHORT TERM DEPOSITS. Waipukurau Press, Volume XXII, Issue 222, 10 December 1926, Page 5
Using This Item
NZME is the copyright owner for the Waipukurau Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). 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.