Press Release July 17, 2000


Dah Sing Bank Announced New Mortgage Offers
Interest Rate as low as P-2.25% and Cash Rebate as high as 6%

Dah Sing Bank announces new mortgage offers which customers can choose to enjoy very privileged mortgage rates and cash rebate up to 6%. Meanwhile, HOS mortgage customers can also enjoy an interest rate as low as P-2.25%.

Residential Property Mortgage Offer (applicable to primary market, secondary market & refinancing)

Plan
 Interest Rate
Cash Rebate
 Other Benefits
1
 P for the first 3 years;
thereafter at P-1.75%
6%
  • Legal fee allowance of HK$5,000
  • First-year fire insurance premium waiver
  • Valuation fee and handling fee waiver
  • Perpetual annual fee waiver of DreamHome Visa
2
 P-2% for entire loan tenor
-
3
 1-month HIBOR + 1.75%,
cap at Prime
-

 

HOS Refinancing Offer

Plan
 Interest Rate
Cash Rebate
 Other Benefits
1
 P-2.25% for entire loan tenor
-
  • Legal fee allowance of HK$3,000
  • First-year fire insurance premium waiver
  • Valuation fee and handling fee waiver
  • Perpetual annual fee waiver of DreamHome Visa
2
 P-0.25% for the first year; thereafter at P-2%
2%

In line with the development of Dah Sing Bank's e-banking Service, apart from enjoying instant approval service at branches, customers can also enjoy on-line instant approval and valuation services.

The Bank's Director and General Manager of Retail Banking Division, Mr. Johnny Ho said, "Under keen competition in the mortgage market, although competitive pricing would be the most appealing factor that attracts customers to come, all-in-one and efficient services are also important. So more convenient service channels would be provided to make our services more comprehensive."

Dah Sing Bank Mortgage Instant Approval Service :
Loan-By-Phone 2828 8000
On-line Application www.dahsing.com

- End -

 

For enquiries regarding the press release, please feel free to contact :

Mr. Johnny Ho
Director and General Manager of Retail Banking Division, Dah Sing Bank
Tel : 2507 8609
E-mail : johnnyho@dahsing.com

Miss Angel Chung or Ms. Ellen Chui
Chung & Tang Communications Consultants
Tel : 2861 3021
E-mail : chungcom@asiaonline.net