Press Release | February 7, 2001 |
Dah Sing Bank "Express Money" Personal
Loan Along with the recent down trend in market interest rate, Dah Sing Bank announces new interest rate offer for "Express Money" Personal Loan with reduction of 0.5% on annualized percentage rates across the board. The new "Express Money" Personal Loan annualized percentage rate is as low as 6.6% (i.e., 0.21% flat p.m.), together with loan limit of up to 5 times monthly salary or HK$500,000 (whichever is lower) and long repayment tenor, ranges from 6 to 48 months, customers can enjoy the best financial service in town.
Moreover, to provide customers a more convenient way of repayment, all "Express Money" Personal Loan customers can choose to repay their monthly instalments via autopay through Dah Sing Credit Card which offers an extra interest-free period for up to 56 days. The Bank's General Manager, Ms. Shera Lee said, "Following the United States' easing cycle, Hong Kong lending rates are likely to track US rates downwards, the local economy will see a foreseeable boosting and so as demand for loans. In view of the above, Dah Sing Bank takes a strong start to cut the interest rate on "Express Money" Personal Loan for 0.5%, so as to allow customers to enjoy greater financial flexibility. We will observe the changes in interest rates and may consider to have further adjustment from time to time so as to remain competitive in the market." For enquiries regarding "Express Money" Personal Loan, please feel free to call our hotline at 28288111. On-line Application: www. dahsing.com - End -
|