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ASB Bank lowers interest rates by 0.50% across various loans following New Zealand's OCR drop.
ASB Bank in New Zealand has lowered its variable interest rates by 0.50% for personal, business, and rural loans, following a decrease in the country's Official Cash Rate.
The bank has also adjusted some savings rates, with the Savings On Call rate now at 1.15%, and the youth account (Headstart) and bonus saver account (Savings Plus) both set at 3.15%.
ASB has reduced rates by nearly 2% over the past six months and is offering support to customers navigating these changes.
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ASB Bank baja las tasas de interés en un 0,50% en varios préstamos después de la caída de la OCR en Nueva Zelanda.