Citibank ties up with AXA Group

The EIP is an innovative credit card purchase plan developed by Citibank and is available across a vast merchant partner network, which includes top consumer brands in Bahrain.

The Plan offers cardmembers the convenience of converting all purchases made on Citibank Credit Cards, including the AXA insurance premiums, into installment plans of up to 36 months at very low or zeros interest rates.

"Citibank seeks to maximize value for customers in all the markets where it operates. Part of its strategy is to partner with top outlets and dispensers of world-class consumer services, such as AXA Group, for the full benefit of cardholders," Ashish Bhugra, Country Business Manager for Citibank's Consumer Banking business in Bahrain. "By using the Easy Installment Plan, customers can now afford to purchase quality products and services and amortize payments at no extra burden".

Stephen Wagstaff, Country Manager of AXA Bahrain, said:

"AXA is very proud to be one of the best Motor Insurance providers in the Middle East. With our Ambition of being the preferred Insurer we continue our strive to provide better services to our customers and aim to make their Insurance experience as easy as possible. Our Motor insurance cover includes protection against natural calamities, riots, strikes, malicious damages and family members are covered as third parties, thus making it the widest cover available in the market. Customers will be able to afford the highest level of Insurance protection for their vehicles by paying their annual premiums in equal installments of their choice at no additional cost through their Citibank credit card".

Citi has been in the Middle East for nearly 50 years and currently offers consumer-banking services in Bahrain, UAE and Egypt.

In the Kingdom of Bahrain, Citibank, the consumer banking arm of Citi, has had a presence for the past 18 years, and is expanding its major operations within the country. The bank is currently a major player in the Bahrain Credit Card market and a leading provider of Banking, Wealth Management and Consumer Credit services.