INDEPENDENT NEWS

WestpacTrust Lowers Floating Home Loan Rates

Published: Wed 30 Aug 2000 05:15 PM
WestpacTrust is the New Zealand division of Westpac Banking Corporation, which is incorporated in New South Wales, Australia
30 August 2000
WESTPACTRUST LOWERS FLOATING HOME LOAN RATES
WestpacTrust is lowering its floating home loan rate by 0.3% per annum to 8.5% per annum. The new rate takes effect from 1 September 2000 for new loans.
WestpacTrust Regional General Manager New Zealand Retail John Boraston said: “We recently lowered our fixed and capped interest rates. Now we are able to pass on the benefits of a stable interest rate environment to our customers by also lowering floating rates by 0.3%.”
ENDS
For further information, please contact:
Jane Anderson
WestpacTrust Public Relations Manager
04 498 1657
025 502 325

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