• HSBC

CBI, Commercial Bank International rewards its customers with 3.99% interest on car loans

  • United Arab Emirates: Sunday, January 07 - 2007 at 15:56
  • PRESS RELEASE

CBI, Commercial Bank International continues to drive the car loan segment by offering a low interest of just 3.99%.

Commenting on the 3.99% interest rate, Mahdi Kilani Head of Retail Banking Group at CBI, said, "We are ensuring that customers' needs are answered, through untapped banking possibilities. A low interest rate will not only make customers happy, but also give us the leverage to command a better and stronger presence within the market."

The offer features additional and rewarding benefits. According to Mr. Kilani, it comes with a zero down payment option and fast loan approval. The offer also conveniently provides a long repayment period of up to 72 months, a 60-day referral on the first installment, free-for-life credit card and insurance finance options.

Being able to provide a remarkably low interest rate and attractive car loan benefits reflects the core values of CBI's banking service, which revolves around customer-centric offerings and banking solutions that are within everyone's reach.
 
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About CBI, Commercial Bank International
CBI started operations on May 1991 with one branch in Ras Al Khaimah and one in Dubai with a paid up capital of AED 44 Million and authorized capital of AED 100 Million.

Currently CBI has a network of 8 branches and 18 ATMs spread across the Emirates, in addition to the Call Centre. The staff strength is 400, of which 30% are UAE Nationals.

Issued on behalf of Commercial Bank International by tamra C2 For further press information please contact Khalil Majdalawi on: Tel. (971) 4 2951177;
Fax: (9714) 2951188

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