June 1995 News | RefinancingLoan.com.au

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Refinancing Loan News

Loan Rivalry Forces Banks To 'slash' Margins

Monday June 26, 1995

INTENSE competition for small to medium-business loans has pushed rates down significantly, shaving bank margins by as much as 0.5 per cent. The entry of new players and flagging demand has forced banks to offer discounted rates and other sweeteners to win business. Many regional and second tier