Variable secured lending and overdraft interest rates effective 4 November 2019
- 0.15% decrease on secured term loans and secured overdrafts
Rural Bank Chief Financial Officer, Will Rayner, said “the Bank considers a range of factors when making pricing decisions including balancing the needs of both lending and deposit customers against the need of maintaining a financially sound and sustainable business.”
Rural Bank lending customers will receive a letter notifying them of their new interest rate and repayment details.
For further information, please contact our Customer Service Centre on 1300 660 115 or visit your local Agribusiness Relationship Manager.