Westpac: Personal loan rate at 15.5% at 15.5%

 WESTPAC’S personal loan offer to eligible borrowers is set at 15.5% and an establishment fee from as low as K150.

Head of retail banking Adam Downie said: “Westpac knows its clients have dreams and goals and has been helping them achieve those for longer than any bank in PNG. 

“We know that many would want to buy a car, buy new furniture for their home or office and extend their house and many needs that follow. 

“All these dreams need financing to become reality and that is why, Westpac personal loan is offering a fast, easy and affordable solution to personal financial needs to enable fulfil dreams and live one’s life to the fullest,” Downie said.  

 “Westpac is ready to open our personal loan offering to our customers so they could meet their customary obligations.”  

“Papua New Guineans financial needs are often unique and could include things such as paying bride-price and headstones.”