April 26, 2006
Sony Bank, a 88.0% subsidiary of Sony Financial Holdings, today announced the start of a tie-up with Daikyo Inc. ("Daikyo") in offering mortgage loans. Through this agreement, customers who purchase newly built condominiums that Daikyo has subdivided and apply for Sony Bank's mortgage loans through Daikyo will enjoy annual interest rate discounts of 0.3 percentage point, compared with Sony Bank's standard interest rates.
By cooperating with Daikyo, the top housing supplier in Japan in terms of annual condominium sales for the 28th consecutive year since 1978, Sony Bank will solicit Daikyo's customers with customer-friendly mortgage loans.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on April 26, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.