Following increasing speculation regarding interest rate movements, BOQ would like to reassure customers that we are holding our standard variable interest rate steady, regardless of competitors’ movements, until the next RBA meeting.
“We understand many home-owners and small business owners are concerned about out of cycle interest rates and want to take this opportunity to reassure our customers that we won’t be increasing our standard variable interest rates at this stage,” said BOQ Managing Director and CEO Stuart Grimshaw.
“We want to continue to build long-term relationships with our customers. Our focus remains on our customers – not on what our competitors are doing.
“So, BOQ customers, rest easy. We’re on your side and trying to do the right thing for you.”