Westpac Banking's (NZE:WBC, ASX:WBC) New Zealand business reduced its special home loan rates across terms ranging from six months to five years by between 0.10% to 0.40% per annum, including a new one-year special rate of 4.49%, effective Friday, the bank said in a statement Friday.
The bank also trimmed its term deposit rates by 0.05% to 0.20% per annum across all terms.
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