24 APRIL 2002
HSBC Bank Malta p.l.c. has launched a new lending product called Home
HSBC's Home Credit, which is replacing the Equity Release Loan, levies an interest rate at 1.75% per annum lower than the one applied for Flexicredit loan rate. As an additional introductory bonus, all processing fees for Home Credit loans, which are applied for not later than 12 July 2002, will be waived.
Through HSBC's Home Credit, the Bank is continuing to reward home owners
by giving them the opportunity to borrow money for any purpose whatsoever.
Loans can be repaid over as much as twenty years and with a reduced
interest rate leading to very low monthly repayments," said Mr
Christopher Cini, Home Credit Product Manager at HSBC.
Further information can also be obtained by calling HSBC's freephone help line on 0800 77 44 44.