Bahrain – The Nationwide Financial institution of Bahrain (NBB) has signed a MoU with Euro Motors, an automotive business chief within the kingdom of Bahrain, to spice up its auto mortgage choices.
Below this deal, NBB might be offering financing options for each new and pre-owned autos.
Additionally the shoppers will get to get pleasure from a tenor of as much as 7 years with no down fee required, and an non-obligatory wage switch, alongside a fast and seamless approval course of.
As NBB goals to embed sustainability practices throughout the neighborhood, the product additionally presents unique charges with zero processing charges on hybrid and electrical vehicles, mentioned its high official on the signing ceremony held just lately on the Euro Motors headquarters
It was attended by David McGoldrick, the Normal Supervisor of Euro Motors alongside Subah Abdullatif Al Zayani and Mohamed Raees from NBB.
Commenting on the deal, Al Zayani mentioned the financial institution continues to collaborate with key business gamers within the kingdom to offer unique choices to clients beneath the auto mortgage product worth proposition.
“As such, we’re happy to be partnering with Euro Motors to boost our clients’ buying expertise. We’re excited to pursue new alternatives in collaboration with the luxurious Euro Motors model,” he acknowledged.
McGoldrick expressed delight at partnering with NBB to supply financing presents on an in depth line-up of luxurious vehicles at present accessible at its dealership.
“We look ahead to extending our collaboration with NBB to allow the financial institution’s clients to buy their autos of selection,” he famous.
“NBB’s Auto Mortgage answer gives clients with the chance to buy their dream automobile with ease of thoughts. The financial institution continues to increase its financing product with unique presents to advertise eco-friendly practices,” he added.
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