Atlantic Bank launches Credit Relief Program
In recognition of the fact that our country is in a recession, Atlantic Bank Limited announces its Credit Relief Program. The Bank will actively work with its customers and the community to provide relief to those whose financial situation has been adversely affected by the economic downturn.
Some of the initiatives being undertaken by the Bank under the program include:
Local credit card customers that are in good standing will enjoy relief through an interest reduction of 2% per annum from December 2009 through December 2010 on their balances, making it the lowest in the market. In addition to the reduction in interest rates, all credit card customers will be granted a two months waiver on minimum payments effective December 2009.
Combined with the above, consumer loan customers that have a good credit history may enjoy an additional interest rate reduction on the ongoing Christmas promotional loans.
To further assist our consumer loan customers, waivers of up to three months installments may be granted upon request.
Atlantic Bank will also apply the Credit Relief Program to its corporate customers by providing solutions aimed at addressing their cash flow shortfalls to assist with their financial stability.
Please visit, call or email your nearest Atlantic Bank office for further information on the Credit Relief Program.
Atlantic Bank
Responsible Banking, Intelligent Solutions