Press Release September 6, 2000


Dah Sing Bank Launched IN-MONEY Revolving Loan
- Offers Interest Free for the First 2 Months

With product diversification and segmentation as its long-term business strategies, Dah Sing Bank is always aggressive and innovative in developing personal loan products. In April 2000, DSB launched its first on-line revolving loan - Virtual Cash that targets to those internet players. Apart from having instant finance, customers can enjoy a host of internet services including on-line loan application, loan disbursement, monthly statement and repayment, etc. To further capture different customer segment through the provision of different products, Dah Sing Bank is pleased to announce the launching of IN-MONEY Revolving Loan that offers the most flexible and privileged personal loan services.

Customers who successfully applied for IN-MONEY Revolving Loan before October 31, 2000 will enjoy interest rate at 0% for the first 2 months and the interest rate thereafter can be as low as 9% p.a. What's more, the cash withdrawal fee will also be waived for the first year.

The monthly minimum payment for IN-MONEY Revolving Loan is just at 2.5% statement balance and the available loan amount will be restored automatically every payment. Customers can revolve their loan anytime at ATM or Dah Sing Bank with their IN-MONEY Card without the need to reapply and submit any income proof. In addition, no matter the customers apply for IN-MONEY Revolving Loan at Branches or through telephone or internet, 15-minute approval and disbursement service will be provided.

Ms. Shera Lee, Deputy General Manager of Dah Sing Bank said, "As personal loan market is getting more competitive, in order to sustain our competitiveness in the market, we will keep on launching products with different features and privileges to cater for the financial needs of different customers."

 

IN-MONEY Revolving Loan Hotline : 2828 8111
On-line Application : www.dahsing.com

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