Sony Bank Launches Discounted Interest Rate System for Mortgage Loans
January 25, 2007
Sony Bank Inc., an 88.0% subsidiary of Sony Financial Holdings, today announced the start of a discounted-interest rate system on its mortgage loans from February 1, 2007. Customers who satisfy all the prescribed conditions will enjoy across-the-board annual interest rate discounts, compared with Sony Bank's standard interest rates.
Sony Bank's mortgage loans allow customers to go through the entire process from application through to contract without ever setting foot in a bank branch. By using the Internet, customers can easily make early payments or change the type of interest.
Sony Bank will keep responding to customers' needs for housing funds by continuing to provide mortgage loans that are attractive in terms of both convenience and interest rates.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on January 25, 2007. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
