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Business / Qatar Business

QIIB announces best finance offers to celebrate National Day

Published: 22 Nov 2015 - 12:47 am | Last Updated: 05 Nov 2021 - 02:38 pm
Peninsula

Doha: QIIB celebrates National Day this year by offering distinct and competitive financing offers to all customers, including personal and vehicles finances from November 21 to December 17.
The new offers meet the aspirations of the QIIB clients seeking to take advantage of attractive offers, giving them access to personal or vehicles finance with the best profit rates and most favourable and easy conditions.
The new offer allows QIIB or other banks’ customers, who want to transfer their salaries and obligations to QIIB, to receive a personal finance at a competitive profit rate. The monthly installment for QR100,000 will be QR1,618 for Qataris to be settled within 72 months compared to QR2,318 settled within 48 months for residents. There is  an optional grace period also in offer, where payment starts in January 2017 for Qataris and a grace period up to 3 months for residents.
As for vehicles finance, QIIB allows bank’s customers or those who transfer their salaries to the bank to obtain a finance for a 2.18 percent flat profit ratewithin 72 months for Qataris and 48 months for residents. It includes new and used cars, noting that the finance is 100 percent of the value of the vehicles for Qataris and 80 percent for residents.
QIIB Deputy CEO Jamal Abdulla Al Jamal (pictured) said: “the National Day is an important occasion and we want to express our pride, so we decided to share the joy with all our customers through distinct offers that relieve them of some of their obligations. We are keen to make these offers as valuable gifts from the bank to its customers during such an important occasion. We hope that they be up to their expectations, be beneficial and meet their needs in accordance with their real aspirations and needs.”
He added: “This is not the first time that we present our offers on the occasion of the National Day; it has become a tradition of ours, that was strongly accepted and welcomed by our customers, since these offers reflect the bank’s interaction with its constantly expanding customer base”.
Al Jamal said: “These offers are distinct, not only for being presented during the National Day, but for including all customer categories; in addition, the bank offers very favourable conditions and our customers enjoy the quality and speed of service via our branches spread in different regions of Qatar.”
All existing and new customers may benefit from the new offers by visiting any of QIIB branches spread in different regions of Qatar, as well as enquire about all the advantages of these offers by contacting the call centre.

The Peninsula