Ahli Bank launches new asset products

Ahli Bank's uniquely designed loans offer personal financing options through MyLoan for Omani Nationals and MyLoan for expatriates to help customers save and fulfill their dreams and aspirations. MyLoan for nationals offers the advantage of easy financing with low start installments. Thereby customers can consolidate high cost loans, credit card outstanding amounts or all existing loans into a single loan at attractive interest rates and enjoy better savings too. Under MyLoan, installments start low and increase by less than 2% each year. This structure significantly reduces the current repayment burden on existing loans and will enable customers to pay it off easier from salary increases in the future.

Under MyLoan for expatriates, the loan is up to 15 times the monthly salary with attractive loan amounts and speedy processing through minimum formalities. For all personal needs, from buying a new home to children's education or marriage plans, or even investments in home country, this loan offers special low interest-rate for a limited period, 50% discount on processing fee, loan buy-out facility available. This introductory offer is for a limited period only.

MyHome is the new home loan from Ahli Bank. Designed by experts in the field of housing finance, under the MyHome, it's available to customers with benefits of the largest loan amounts with lower installments. The loan is repayable in a period upto 30 years, with low start installments which make the loan affordable year after year. Speedy approval process and lower insurance premiums on both life and construction are added advantages of the MyHome loan.

Confirming the benefits of the bank's new loan offerings, Mr. AbdulAziz Al Balushi, CEO, Ahli Bank said,

"Our objective is to offer outstanding value to customers by providing knowledgeable, efficient and reliable products and services in a personal, helpful and responsive manner. Our customer service and financing team is well trained to offer quick financing and reliable service for the best loan packages in Oman."