Term deposits battle heats up as mortgage wars cool
Competition among banks for term deposits has stiffened as smaller banks increase their market shares. With special feature audio.
Mortgage market wars have cooled lately and the battleground has shifted to term deposits.
That’s left room for the smaller, locally-owned mortgage lending banks to grow their mortgage books at faster than their market share.
SBS chief financial officer Tim Loan says the major banks are now
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 06 Sep 2016
Tue, 06 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Term deposits battle heats up as mortgage wars cool
61397