BNF News And Updates
BNF Bank has launched a new financial package for those students finishing their secondary schooling and embarking on their tertiary education. Taking into consideration the students’ particular stage in life, the BNF Students Package offers a number of financial options that students will find attractive, convenient and worthwhile.
For a limited time, customers applying for a Personal Loan from BNF Bank will benefit from an interest rate of just 4.85% p.a. The advantageous interest rate consists of the Bank Base Rate, currently set at 2.50% p.a. and a spread of 2.35% p.a. resulting in an Annual Percentage Rate of Charge of 5.09%.
BNF Bank has signed a partnership with Deposit Solutions, a globally recognised fintech company, for the use of its Open Banking platform for deposits. The platform will allow the Bank to expand and diversify its retail funding sources across various channels, and on a European scale, without having to set up and operate its own deposit infrastructure.