The First Credit Loan Refinancing by a Regional Bank! ... DGB Daegu Bank Launches 'Up to 2.0%p Interest Rate Discount' for Citi Customers

Loan Limit, Possible Within Citi Bank Refinancing Amount

DGB Daegu Bank has launched the first-ever "Korea Citibank Credit Loan Refinancing Exclusive Product" among regional banks.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] DGB Daegu Bank announced on the 15th that it has launched the first-ever "Korea Citibank Credit Loan Refinancing (Debt Transfer) Exclusive Product" among regional banks.

This product targets existing Citibank household loan customers due to Korea Citibank's withdrawal from retail banking, and customers who do not currently hold household loans with DGB Daegu Bank can receive up to a 2.0% interest rate discount, including preferential rates.

Loan applications can be made through branches, and eligible customers must be able to verify earned income or business income. The loan limit is within the amount of the Citibank refinancing.

The product is available as a lump-sum repayment loan at maturity, passbook loan, or installment repayment loan. Early repayment fees are waived, and the bank fully covers the loan stamp tax borne by the customer.

In particular, since the loan screening is conducted equivalent to the deferment of Citibank loans, the DSR regulation does not apply.

A DGB Daegu Bank official stated, "With various supports such as exemption from DSR regulation and interest rate discounts, the Citibank refinancing loan product, introduced for the first time by a regional bank, is currently being developed to allow loan applications through non-face-to-face services in the future."

This content was produced with the assistance of AI translation services.