New Products

PUBLISHED : Sunday, 27 April, 2003, 12:00am
UPDATED : Sunday, 27 April, 2003, 12:00am

DAO HENG BANK has introduced a standby credit line, allowing customers to earn deposit interest while enjoying lower loan interest rates and an easier way of managing their finances. The product combines standby cash, savings and cheque functions in one account, providing customers with added flexibility. Account holders can access standby credit up to three times their monthly income, with interest calculated daily on a rate of 6 per cent annually to minimise repayment costs.