March 20 (Reuters) - Westpac Banking Corp (WBC) :
- ANNOUNCES INTEREST RATE CUTS AND FINANCIAL SUPPORT FOR SMALL BUSINESS AND CONSUMERS
- ANNOUNCED A $10 BILLION HOME LENDING FUND TO SUPPORT ECONOMY BY ASSISTING MORE AUSTRALIANS INTO HOME OWNERSHIP.
- TERM DEPOSIT SPECIAL OFFER OF 1.7% P.A. INTEREST FOR 12 MONTHS FOR ALL AUSTRALIANS
- WILL INTRODUCE 100 BASIS POINT REDUCTION TO VARIABLE INTEREST RATES ON SMALL BUSINESS CASH- BASED LOANS, EFFECTIVE 6 APRIL
- WILL INTRODUCE SPECIAL 12-MONTH TERM DEPOSIT OF 1.7% P.A. TO PROVIDE CUSTOMERS A HIGHER RETURN ON THEIR SAVINGS
- 200 BASIS POINT REDUCTION ON OVERDRAFTS FOR NEW AND EXISTING CUSTOMERS
- HAS ANNOUNCED A $10 BILLION HOME LENDING FUND TO SUPPORT ECONOMY BY ASSISTING MORE AUSTRALIANS INTO HOME OWNERSHIP
- FOR SMALL BUSINESS CUSTOMERS, OVERDRAFTS WILL BE REDUCED BY 200 BASIS POINTS FOR NEW & EXISTING CUSTOMERS, EFFECTIVE 6 APRIL
- 2.29% P.A. FIXED RATE HOME LOAN FOR 1, 2, 3 YRS FOR OWNER OCCUPIED CUSTOMERS ON PRINCIPAL, INTEREST REPAYMENTS WITH PREMIER ADVANTAGE PACKAGE
News: WBC Westpac Announces Interest Rate Cuts & Financial Support For Small Business And Consumers
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