Al Hilal Bank offers dream rates for dream cars at Dubai International Motor Show 2011

Press release
Published November 10th, 2011 - 11:38 GMT

Al Bawaba
Al Bawaba

Al Hilal Bank, a progressive Islamic bank, will offer automobile financing rates starting from 1.99 per cent with up to three months’ grace period during Dubai International Motor Show 2011, the latest edition of the largest and most established motoring event in the Middle East running from today (Thursday, November 10, 2011) up to November 14, 2011 at the Dubai International Convention and Exhibition Centre. Al Hilal Bank is a pioneering participant of various autoshows and always offers exceptional financing packages during such events.

Al Hilal Bank customers will have the chance to drive away with their dream car from some of the world’s leading automakers by availing of flexible financing and insurance terms which the bank will explain at Stand A1 of the venue’s Sheikh Saeed Hall. Parties interested in availing of the auto financing promotion will need to present their original passport, salary certificate, driving license, and bank statement for three months. More information on the show is available at http://www.dubaimotorshow.com.

“Dubai International Motor Show 2011 has cemented a place in the automotive world as one of the leading platforms for displaying the latest and the best models in the market. We wanted to take advantage of its growing prominence to enable our clients who also happen to be motoring enthusiasts to fulfill their dreams via one of the best auto financing schemes in industry. Our goal is to match the world-class caliber of the vehicles with world-class financing services that only we can offer as a progressive Islamic banking institution,” said Mohamed Zaqout, Head of the Personal Banking Group at Al Hilal Bank.

Al Hilal Bank is fully owned by the Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. It currently serves over 40,000 clients through 19 local branches and more than 90 ATMs across the UAE as well as three branches in Kazakhstan. Al Hilal was recently presented the ‘Quality Appreciation Award’ by the Sheikh Khalifa Excellence Award, the UAE’s most prestigious business excellence award.

Background Information

Al Hilal Bank

Al Hilal Bank is owned in full by the Abu Dhabi Investment Council, which is the investment authority of the Government of Abu Dhabi. The bank is working with an authorized capital of 4 billion Dirhams, and is authorized to operate as an Islamic trading bank. Al Hilal Bank aims to become the leading financial institution in the region and to increase the growth of Islamic banking with a new direction, towards new technologies and special services.

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