Citibank launches ‘UPL with First-Year Discount’
This is the third product in the ‘UPL with Discount’ series, following ‘Perfect Offset Loan’ that cuts rates based on the deposit balance linked to the loan account and ‘UPL with Deeper Discount’ that gives maximum 2.9%p.a. discount based on performance.
A person related to Citibank remarked that the product was designed to alleviate burden of customers in the wake of the recent interest rate hike. UPL with First-year Discount has 3~5 year tenor, 150MM maximum amount, and minimum rate of 5.5%p.a. (as of April 6, 2011).
For details, go to www.citibank.co.kr or contact 1588-5753.
About Citibank Korea Inc.
Citibank had opened its first branch in Korea in 1967, and was born newly as Citibank Korea Inc. (CKI) through integration with KorAm Bank in 2004. CKI serves customers at 218 branches (as of end of 2010) in Korea by providing the first class financial products and services based on the various products and know-how of Citi with global network including more than 100 years of history and 200 million customers in more than 100 countries. CKI delivers new financial world to the customers through development of innovative financial products and services, encompassing from corporate and investment banking to consumer banking, private banking, and wealth management. Furthermore, Citibank Korea Inc., as a responsible corporate citizen, conducts diverse community activities in the areas of financial education, next generation education, woman, diversity, community, and environment consistently in corporation with sound non-profit organizations.
Website: http://www.citibank.co.kr
Contact
Shin, Hyeon Jeong
82-2-3455-2330
This news is a press release provided by Citibank Korea Inc..
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2월 13일 10:59
