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Ultimate Geek
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  Reply # 504790 11-Aug-2011 08:06
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rphenix:
Well that depends on how far back in history.  Immediately crisis? no.  But BNZ needed a bailout in 1990 for example.

Touché

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Uber Geek
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  Reply # 504795 11-Aug-2011 08:34
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The difference between the OCR and Deposit rates is not the profit margin. The gross profit margin is the difference between deposit rates and lending rates. The nett profit is the gross profit minus all over heads.

Average BNZ deposit rate is currently about 4.4% the average Mortgage rate is around 5.8%.  




Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 It's our only home, lets clean it up then...

 

Take My Advice, Pull Down Your Pants And Slide On The Ice!

 

 


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