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Hong Kong : BEA Launches 2014 Corporate Tax Loan Programme

September 2, 2014

The Bank of East Asia, Limited ( BEA ) today announces the launch of its 2014 Corporate Tax Loan Programme. Corporate clients who successfully apply for a corporate tax loan on or before 15th November, 2014 can enjoy early bird offers including an interest rate as low as BEA s HKD Prime Rate minus 1.0% p.a., and a full waiver of the arrangement fee.

Loan amounts are available up to 200% of the client s tax bill, which can be repaid in tenors ranging from 6 to 24 months. The arrangement fee is fixed at 0.5% of the loan amount, or HK$1,000, whichever is higher. Loans may be drawn in the form of a cashier s order payable to the Inland Revenue Department, or amounts can be credited to the designated BEA corporate account.

BEA offers corporate clients a comprehensive range of products and services including syndicated loans, cross-border finance, trade finance, equipment and vehicle finance, Corporate Cyberbanking, MPF, and general insurance services.

For more information on the Corporate Tax Loan Programme and BEA s corporate banking services, please call (852) 2211 1338, or visit any BEA branch or the Bank s homepage at

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: TendersInfo (India)

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