Bangkok--8 May--Bangkok Bank
Bangkok Bank plans to substantially increase its share of the consumer loans market this year by providing products and services that meet the needs of unique professional customer groups.
Consumer Banking Director, Mrs Ruchanee Nopmuang, said medical professionals would be the first group to benefit from this targeted approach. “Bangkok Bank aims to make life easier for people working in the medical profession by offering a unique home and mortgage loan package with special features, tailored specifically to them,” Mrs Ruchanee said.
“Under the ‘Loans for Medical Professionals’ scheme, medical specialists, including doctors, dentists, pharmacists and veterinarians, can borrow up to 100 percent of a property’s appraised price and take advantage of special low interest rates and conditions.
“We also know that this is a busy group of people who work long hours and in shifts, so our loan experts will be visiting hospitals and clinics to talk with them about these new products, we are introducing two products that are tailored to their lifestyle, giving them more financial choices ” Mrs Ruchanee said.
‘Bualuang Home Loans’ are specifically for medical professionals who are first home buyers or are refinancing. Customers can borrow up to 100 percent of the property’s appraised price (up to 100 percent of the existing loan for refinancing) and take advantage of flexible low interest rate options.
The bank is offering four loan choices with fixed and floating rates for up to three years. Customers can choose either low fixed rates for up to two years, starting from 4.5 percent for one year, or discounted floating rates. At the completion of the fixed term, Bangkok Bank is offering a special discounted floating rate of MLR-0.75 percent until the end of the loan’s term. The bank’s MLR is currently 7.5 percent.
‘Bualuang Poonpol Loans’ can be used to finance a range of options such as the purchase of a new car, new furniture, funding further education or establishing a new clinic. If customers already have their own property, they can use it as collateral for the loan and borrow a Bualuang Poonpol Loan at up to 100 percent of the property’s appraised price, for as long as 10 years. This loan carries a minimum retail rate (MRR), currently at 8 percent, for the entire term.
The loans are available to all medical specialists who hold a working experience license of at least two years and have income of at least 20,000 baht a month.
For more information about the ‘Loans for Medical Professionals’, contact any Bangkok Bank branch, call Bualuang Phone on 1333 or 0-2645-5555 or visit Bangkok Bank’s website www.bangkokbank.com .