Antonia Watson: ANZ CEO says the bank is still passing on only a small amount of the OCR increases
Early Edition with Ryan Bridge · Newstalk ZB
April 12, 20234m 40s
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Show Notes
Last week's OCR hike is starting to have some impact with ANZ, the country's largest bank, raising fixed and floating interest rates across the board.
Chief Executive Antonia Watson told Roman Travers the one-year lending rate is going up by 20-basis-points.
She says the bank is still passing on only a small amount of the OCR increases.
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