Banks may not pass on ECB interest rate cuts to borrowers
Story date: 2008-02-09 03:46:00
Added on: 2008-02-09 22:09:50
Sunday Business Post - Hopes for substantially lower mortgage rates in the coming months are set to be dashed, after the country’s top banks refused to commit to passing on the benefits of an expected ECB rate cut to borrowers. None of the banks contacted by The Sunday ...
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