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CREDIT: RNZ / CLAIRE EASTHAM-FARRELLY
CREDIT: RNZ / CLAIRE EASTHAM-FARRELLY
Savings & Money News
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Kiwibank lifts deposit rates but you won’t be seeing a real return on your money this year

Veronica Elishya
By Veronica Elishya
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WELLINGTON (CU)_Kiwibank this week, lifted its rates on nine and 12-month term deposits, going ahead of most of its rivals. However, according to the bank’s chief economist, depositors won’t be seeing positive real returns on their funds before 2023.

The Wellington-based financial service provider now offers…

Veronica Elishya
Veronica Elishyahttps://www.commonwealthunion.com/

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