BRED Bank (Fiji) Limited today opened a new branch in Nadi, with it introduced new offers, as part of efforts to continue to provide better banking service for Fiji.

The opening of the branch in Namaka comes after 21 months since it opened its doors in the country.

Satish Deb, the bank's chief executive (CEO) said they would be opening more branches to be able to reach out to their customers.

The bank introduced a new home loan offer with a fixed interest rate of 3.50 per cent for six months, 4.25 per cent for 12 months or 4.99 per cent for 24 months, all of which comes with no approval fee and no monthly service fee.

It also introduced a new motor vehicle loan offer at 7.50 per cent fixed for five years as well as their Debit Visa card which it insists is the most secure and could be accepted by any EFTPOS or ATM locally and throughout the world.

Deb said the bank's retail term deposit rates has been set as competitive as possible for the benefit of their customers.

Accordingly it has also introduced an initiative to help senior citizens get a quarter per cent above the published rates for savings and retail term deposits.

FijiLive