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National Bank of Dubai launches NBD Tas-heel Loans

  • United Arab Emirates: Wednesday, June 27 - 2007 at 11:30
  • PRESS RELEASE

National Bank of Dubai today announced the launch of NBD Tas-heel Loans, providing business finance to UAE Nationals.

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The launch compliments NBD's extensive suite of retail lending products while adding support to UAE Nationals by providing innovative financial solutions. Loans of up to AED 1 million are available to UAE nationals to re-invest in an existing business or finance new business activity. The repayment period is up to 10 years.

"NBD Tas-heel Loans is yet another value-added product we are proud to provide to our UAE National customers," said Suvo Sarkar, Group Head Retail Banking at National Bank of Dubai.

"NBD is already one of leading providers of financial solutions to individuals, and we have recently been awarded the Asian Banker 'Best Retail Bank in UAE' Award. This launch is a logical product extension to our suite of retail finance products that includes home loans, office loans, personal loans, auto loans and credit cards,"


he added.

NBD Tas-heel Loans are financial solutions for UAE Nationals who possess a source of business related-activities-income and salary. The purpose of the loan is financing of business activities.

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Related site: http://www.nbd.com

Notes and media contacts

To obtain more information, customers can call the NBD Call Centre on 04 3100222; alternatively they can visit any NBD branch.

About National Bank of Dubai
Over the years, National Bank of Dubai has developed a solid reputation of stability and strength and is currently recognized as one of the top performing banks in the region. Founded in 1963, NBD is committed to providing customers with the knowledge and experience they need for a brighter financial future. With our team of professionals and diverse range of personal financial services, you have the expertise and experience of one of the leading banks in the region on your side.

NBD currently has an extensive branch network that includes over 41 branches throughout UAE, in addition to a branch in London and a representative office in Tehran.

For more information, please contact:

Ramy Lawand
Executive PR
National Bank of Dubai
Tel: 04-2012204
Fax: 04-2210319
Mobile: 050-8420729
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Wednesday, June 27 - 2007 at 11:30 UAE local time (GMT+4)

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