Emirates NBD announces winners of 2012 Auto Loan promotion

Press release

Published November 19th, 2012 - 07:18 GMT

Al Bawaba

Emirates NBD, a leading bank in the region, announced the winners of its special 2012 Auto Loan promotion, which gave borrowers a chance to win prizes while also enjoying low interest rates to buy their dream cars.

The lucky draw included all borrowers who availed of the feature-packed Emirates NBD Auto Loan during the promotion period between July 25 and Sept 30, 2012. A ceremony was held at the Emirates NBD Head Office in Deira for 75 lucky borrowers who have been selected through a raffle draw. The prizes included refund of full auto loan interest, refund of auto loan processing fees; or refund of one monthly loan payment.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.