BSB 806 015

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BSB 806 015

P&N Bank reviewing rates following Reserve Bank of Australia announcement

07 Jun2022

Today, Tuesday 07 June 2022, the Reserve Bank of Australia (RBA) announced an increase to the official cash rate by 50 basis points to 0.85%.

We appreciate that our members will want to understand the impact of this announcement on their lending or deposit facilities with us. We are currently reviewing our lending and deposit rates and will provide a further update, including any changes to our rates, as soon as possible.

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