25 February 2008 Rating 95% No Comment  

HSBC Bank Malta plc has launched a new computer loan scheme in support of the Ministry of Investment, Infrastructure and Information Technology's (MII&IT) "Computers for ? 0.99 per day" initiative. Customers who avail themselves of this loan will benefit from a 50 % discount on standard processing fees and a special interest rate of 3.4% above base rate for the term of the loan. ( Base rate is currently 4% therefore effective rate is currently 7.4% ). Furthermore interest will not be charged for the first six months. Repayment of the loan will be such that monthly repayment amount will be equivalent to €0.99 daily repayment. To enjoy these benefits call at any HSBC branch with a quotation for the purchase of a computer from any supplier and speak to one of the bank's Customer Service Representatives.