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Press Releases

Kiwibank announces special package for Christchurch

23/06/2011

Kiwibank has today announced a special home loan package for people affected by the earthquakes in Christchurch and eligible for the Government’s red zone assistance.

The bank will provide mortgage lending at a 2 per cent discount on its floating rate (presently 5.65%) for a year from draw down.

The loan package is available for those who accept the offer from the Government and wish to purchase or build a property elsewhere. They will be required to contribute the Government’s payout towards the property purchase price.

Lending criteria will apply.

For further information: Bruce Thompson Communications Manager (04) 460 6831

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