ASB puts a ring around a rate
Tuesday, July 3rd 2012, 6:00AM
I was going to try and think up a nice pun about ASB being"offical and exclusive bank for the NZ Olympic team" and its special five year fixed term home loan rate - after all there are five rings in the Olympic symbol - but I can't.
Instead we'll just note that ASB has chopped 51 basis points off its five-year rate to bring it down to 5.99%, but the rate requires 20% equity in the deal.
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