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Kiwibank raises floating loan and deposit rates

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Fuseworks Media
Fuseworks Media

Kiwibank has raised its variable interest rates from 6.40% p.a. to 6.65% p.a. The increase is effective tomorrow (July 30) for new customers and August 12 for existing customers.

From Monday August 4, the bank has also raised Term Deposit rates for a number of terms, including a TD special of 4.50% p.a. for 6 months (interest at maturity).

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