An exclusive vehicle loan promotion has been launched by the International Bank of Qatar (IBQ), offering IBQ customers free AAA (Arabian Automobile Association) Gold membership. The AAA membership feature will provide even greater added value for IBQs vehicle loans in 2007 and beyond. IBQ is the first bank in Qatar to launch free AAA Gold membership with each of its vehicle loans.
As vehicle buyers continue to explore the best terms in car finance and the added value of a fast and efficient service, IBQ has launched a new and improved promotion over its existing attractive terms, ensuring that potential buyers get the best terms in car finance.
The AAA membership offers special benefits to its Gold member such as Free Collection delivery and return when a members vehicle needs servicing, Free Doha Airport pick up and drop and assistance with annual car registration & renewal services, meaning that customers no longer have to take their car in for servicing, renew registration or even park their cars at the airport. These services are in addition to 24 hour road assistance services such as roadside mechanical Repairs, free Vehicle Towing, Battery Boost if the battery goes flat, Flat Tire Service, Lock out and Emergency Fuel Delivery Services. These roadside assistance services are not restricted to Qatar, AAA members are covered with the GCC Roadside Assistance in the UAE, Bahrain, Kuwait, and Oman, so traveling, for IBQ vehicle loan holders, has never offered such piece of mind.
The IBQ vehicle loan is loaded with a host of other benefits such as low competitive interest rate, grace periods up to 6 months, repayment periods up to 72 months and comprehensive insurance at exclusive rates which can be included in the loan. In addition to a no guarantor, no salary transfer, no down payment and the availability of sole ownership, IBQ vehicle loans are unbeatable.
Commenting on the bank’s new vehicle loan promotion, Michael Williams, General Manager for IBQ said, “The new IBQ promotion has revolutionized vehicle loans in Qatar, as customers not only receive the best terms of finance to purchase the car of their dreams but also the added value of the benefits offered by the AAA Gold membership. This promotion was launched to ensure that our customers always receive a personalized service through the relationship they build with IBQ.”
In an effort to offer customers the very best personalized services, IBQ continues to look at ways to add additional value to its customers. By providing exclusive deals that are packed with tremendous benefits IBQ ensures that every customer transaction is a simple and convenient one.
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Editors' Notes:
About the International Bank of Qatar (IBQ)
The International Bank of Qatar (IBQ); a well established and rapidly growing financial institution, previously known as Grindlays Qatar, celebrated its 50th year anniversary in 2006. IBQ today is a joint venture fully managed, with 20% owned, by the National Bank of Kuwait (NBK); the largest bank in Kuwait and one of the leading banks in the Middle East. The remaining 80% is owned by influential Qatari entities, whilst the bank is Chaired by Qatar's First Deputy Prime Minister and Minister of Foreign Affair's H.E. Sheikh Hamad Bin Jassim Bin Jabor Al-Thani.
Taking half a century of extensive experience in service-based private and corporate banking, IBQ has been and continues to expand its retail banking business with a parallel strategy, based on that experience, which accentuates its high quality service-based approach. IBQ today, offers its customers a full range of retail, private and corporate banking solutions with a strong commitment to excellent quality service, and a focus on building long-lasting relationships. With a total of 4 branches and 9 ATMs located in strategic locations throughout Qatar, IBQ is an increasingly prominent local player that benefits from an international network as a result of its affiliation with NBK.
