Rate cut for Leveraged customers
Rate cut for Leveraged customers
Head of Leveraged David Arnold has announced that Leveraged will cut its variable interest rate by 0.20% p.a. (20 bps) to 7.15% from Monday, 30 May 2016 in line with the rest of the Bendigo and Adelaide Bank Group.
"Leveraged is pleased to be able to reduce rates in time for the end of the financial year, when many investors review their share portfolios and consider rebalancing their exposure to different industry sectors or choose to build on or diversify existing investment portfolios," Mr Arnold said.