• HSBC

IBQ sets up home at the Qatar Real Estate and Investment Exhibition

Visitors to this year's Qatar Real Estate and Investment Exhibition will be able to snap up that dream home or investment property even faster thanks to International Bank of Qatar (IBQ).

It will be making its range of mortgage loans and services available to those visiting the exhibition from its specially designed exhibition stand.

"The real estate market in Qatar is growing at a phenomenal rate; Qatar is fast becoming a property hotspot in the region and globally, with incredible growth prospects in the real estate market and the well-laid plans for existing and future developments. IBQ is pleased to support this growth and participate in the Real Estate Exhibition, offering our full range of mortgage products for both Qatari's and expatriates wanting to fulfil their dream of owning their home or investing in property,"


commented IBQ Managing Director George Nassra.

IBQ's mortgage loan provides customers the freedom to buy properties throughout Qatar; an excellent way to invest in their future with flexible terms that allow loan periods of up to 30 years. The bank's flexible terms also allow customers the convenience of variable repayment terms, up to 90% finance and no repayments until the property is completed.

IBQ's specially trained Mortgage Service Advisors will be on hand at the Real Estate Exhibition to help customers with their mortgage requirements, as well as providing its easy-to-use free mortgage calculator available to enable customers to calculate their mortgage options. The calculator has been specifically designed to take the guesswork out of applying for a mortgage.

IBQ has created a mortgage product that offers customers not only the financial support they need but also access to IBQ's vast expertise in the real estate market, which will ensure that every customer's property investment is a convenient one. In order to assist their clients in making these optimal investment decisions, IBQ provides mobile "we come to you", specially trained Mortgage Service Advisors available for customer convenience, helping them select the right product and manage the documentation process - basically making it simple

"Buying a home is usually one of the biggest investment decisions that a person or a family makes. We believe that its important that we help our customers make an informed judgement about their investment and so provide them with full transparency about all the costs, to help them with their financial planning. At IBQ we give people both the financial support and the personal expertise that will assist them in making sound investment choices for their family's future. This is further complimented by a unique banking relationship that they can truly trust from the start to the end of the mortgage process," George Nassra concluded.
 
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About the International Bank of Qatar (IBQ)
The International Bank of Qatar (IBQ) is one of the leading banks in Qatar offering 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 5 branches and 13 ATMs located in strategic locations throughout Qatar, IBQ is an increasingly prominent bank which benefits from an international network as a result of its affiliation with NBK. IBQ has recently been awarded Best Customer Service award in the 2008 Banker Middle East Product Awards.

IBQ is a joint venture with National Bank of Kuwait (NBK), the largest bank in Kuwait and one of the leading banks in the Middle East, which has a 30% stake and management responsibilities in the bank. The remaining 70 % is owned by influential Qatari entities, and the bank is chaired by Qatar's Prime Minister and Minister of Foreign Affair's H.E. Sheikh Hamad Bin Jassim Bin Jabor Al-Thani. Previously known as Grindlays Qatar, IBQ celebrated its 50th year anniversary in 2006.

Released on behalf of the International Bank of Qatar by Hill & Knowlton - for further information or to arrange an interview, please contact:

May Sadek
Hill & Knowlton, Qatar
Tel: +974 413 1260
Mob: +974 5893553

Or

Samar Atassi
Head of Corporate Communications
International Bank of Qatar
Tel: +974 447 3700

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