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10-23-2008
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Senior Member
Join Date: Dec 2006
Posts: 35,598
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Kiwibank first to cut mortgage rates after Bollard slashes OCR
Kiwibank has become the first bank to react to Reserve Bank governor Alan Bollard's cut in the Official Cash Rate (OCR) by making a matching one per cent cut to its variable home loan rate. Kiwibank chief executive Sam Knowles...
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