Article #976495565
Wednesday, September 2nd 2009, 7:00AM
HSBC Bank was the only lender to make changes yesterday with a 10 basis point increase to its three-year rate making it 7.35%, which is still lower than the minor banks median three-year rate of 7.40%.
Much of the news this week is quarterly reports from the bank on how they are doing. BNZ reported yesterday and althouhg it had made a loss on the back of its failed structred finance deal, it has seen its home loan book grow. We have the full story here
Also meet New Zealand's newest bank.
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