Browsing Tag:ASB

asb-anz-first-to-elevate-variable-residence-mortgage-and-deposit-charges-after-ocr-improve
CompaniesNov 24, 2021 01:074 minutes to readNovember 24, 2021 The Reserve Bank today increased the official cash rate by 0.25 percent to 0.75 percent. This 25 basis point increase was the first for the RBNZ in seven years.ANZ Bank followed ASB as the first major bank to increase variable mortgage rates for residential properties after the Reserve Bank...
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anz-bnz-and-westpac-observe-asb-by-lifting-mortgage-charges
Companies07/15/2021 11:20 PM4 minutes to readMortgage repayments are getting more expensive. Photo / Getty ImagesNew Zealand's four major banks have all confirmed a rate hike.ANZ, BNZ and Westpac followed ASB's lead and ended the downward trend in interest rates.The ANZ has raised its one-year interest rate by 31 basis points to 2.5 percent, its two-year interest rate by...
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new-zealand-lender-asb-raises-fastened-time-period-mortgage-charges
WELLINGTON, July 14 (Reuters) - New Zealand lender ASB said Wednesday that it is raising its fixed-rate mortgage and time deposit rates as the country's economic outlook has improved.“The New Zealand economy is proving resilient and the economic outlook has improved. Although interest rates are rising now, they remain at historically low levels, ”said Craig Sims, executive general...
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