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HSBC LOWERS ITS 13 MONTH FIXED RATE HOME LOAN TO 4.69%
9 October 2001
HSBC Bank Australia Limited has reduced the rate on its 13 month fixed rate introductory home loan to 4.69% p.a. The reduced fixed rate of interest will apply to new home loan customers from Wednesday, 10 October 2001.
Kevin Martin, Head of Personal Financial Services said: "Our new rate is currently one of the lowest in the country - customers haven't experienced introductory fixed rates this low since August 19921."
HSBC's low 13 month fixed rate home loan features:
- No enry fees
- No ongoing monthly fees
- 13 months of building insurance for the cost of only 12 months
- Choice of any HSBC home loan at the end of the introductory period
To take advantage of HSBC's low offer, customers can contact HSBC by phoning 1300 308 880 24 hours a day 7 days a week, visiting any one of HSBC's 21 branches across Sydney, Melbourne, Adelaide, Perth, Brisbane and the Gold Coast or by visiting our website at www.hsbc.com.au.
Notes to editors
1. Source: Cannex
2. The HSBC Group
Headquartered in London, the HSBC Group is one of the world's largest international banking and financial services organisations with assets of US$692 billion (A$1,368 billion) as at 30 June 2001 and over 170,000 employees in more than 6,500 offices in 78 countries and territories.
The HSBC Group has major personal, commercial, corporate and investment banking and insurance businesses in the Asia-Pacific region, Europe, the Americas, the Middle East and Africa. In Australia, the HSBC Group offers an extensive range of financial services through a network of 34 branches and offices. These services include personal and commercial financial services, trade finance, non-advisory stockbroking, treasury and financial markets, funds management, electronic banking, and investment advisory and securities custody.
3. HSBC Bank Australia Limited
In Australia, the HSBC Group offers an extensive range of financial services through a network of 34 branches and offices. These services include personal and commercial financial services, trade finance, non-advisory stockbroking, treasury and financial markets, funds management, electronic banking, and investment advisory and securities custody.
