REDUCED BANK RATE
Press Association. HASTINGS, To-day. The Chamber of Commerce last evening supported the Auckland Chambers resolution that it is important in the interests of trade recovery that immediately the statistical position of the associated banks show that London balances and the ratio of advances to deposits are approaching normality, bank ratas of interest on overdrafts should be re* duced approximately to those operating 11 months ago.
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Bibliographic details
Sun (Auckland), Volume I, Issue 308, 20 March 1928, Page 13
Word Count
68REDUCED BANK RATE Sun (Auckland), Volume I, Issue 308, 20 March 1928, Page 13
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