Weekly winners will get savings on interest and fees
Low-rate loans from 9.99% p.a
HSBC has announced the launch of a new personal loan campaign for its customers. The campaign is aimed at supporting customers looking for personal loans in both conventional and Shariah-compliant forms at a manageable price and term. Personal loans are available from AED 25,000/- to a maximum of AED 250,000/- and can be taken over a minimum tenure of six months to a maximum of 60 months.
For the duration of the six week promotion, HSBC will pick five new personal loan customers every week. One lucky customer each week will be entitled to win up AED 20,000 interest back on the loan; four winners will win back the entire processing fee. In order to be eligible, customers must apply for finance during the promotional period from 19th September, 2010 to 26th October 2010.
Commenting on the campaign launch, James Pearson, Head of Assets & Liabilities, UAE Personal Financial Services, HSBC said, "HSBC is open for business and is committed to supporting its customers. Our flexible and low rate personal finance products are a part of a range of privileges HSBC customers can benefit from as their financial needs change."
As market conditions have improved, HSBC has focused its efforts on delivering products and services that our customers want and can afford, such as our 12 month loans, discounted auto loans and credit card offers. As a responsible bank we will continue to offer finance to customers with good credit credentials, as well as reward them for banking with HSBC. With this promotion 30 lucky customers will be able to enjoy savings from AED 500 to AED 20,000 on the cost of their loans."
-Ends-
HSBC Bank Middle East Limited (HSBC)
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 46 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, Pakistan, Algeria and the Palestinian Autonomous Area. In addition to the branch network the Bank maintains representative offices in Tehran, Iran and Tripoli, Libya. This extensive regional coverage is strengthened by another member of the HSBC Group, HSBC Bank Egypt SAE; and by its associated companies; The Saudi British Bank; British Arab Commercial Bank Limited; HSBC Saudi Arabia Limited; SABB Securities Limited; SABB Takaful Co.; and Dar Es Saalam Investment Bank.
Media enquiries to Andrea Jaishankar, Manager Communications, HSBC Bank Middle East Limited on 04 4235635 or at andreajaishankar@hsbc.com
© Press Release 2010
