22 June 2005
Fubon Bank (Hong Kong) Limited (“Fubon Bank”) today announced that it will adjust its mortgage interest rates for Plan 1 as follows. Cash rebates where applicable remain unchanged. The bank maintains its offer for Plan 2.
Terms | Plan 1 | Plan 2 | |||
---|---|---|---|---|---|
Old Offer | New Offer | ||||
Loan Amount | < $1 million | >= $1 million | < $1 million | >= $1 million | Any Amount |
Interest Rate (p.a.) | P-2.25% | P-2.5% | P-2.0% | P-2.25% | P-2.25% |
Cash Rebate | 0.25% | 0.5% | 0.25% | 0.5% | Nil |
Prepay. Penalty | 3% / 2% / 1% for 1st 3 years | 1% for 1st year |
The new plans will be effective on June 23, 2005.
Fubon Bank is a full-service banking corporation in Hong Kong providing a wide range of banking and financial services including consumer finance, retail and commercial banking, equipment leasing and investment services. Fubon Bank services its customers through 29 service outlets including Superbranches, Ambassador Centers and Securities Services Centers as well as ATMs, PhoneBanking, and e-banking service at www.fubonbank.com.hk. Fubon Bank is listed on The Stock Exchange of Hong Kong Limited and is rated A-3 short-term, BBB long-term by Standard & Poor’s. Fubon Financial Holding Co., Ltd., a leading Taiwan financial institution, acquired a 75% shareholding in Fubon Bank in April 2004.
Member of Fubon Financial Holding Co., Ltd.
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