IBQ partners with Asteco to help customers buy their dream property

As purchasing property in Qatar becomes a major priority for an increasing number of people, IBQ is delighted to announce its strategic partnership with ASTECO to help make the process of buying a home a simple one for its customers.




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IBQ is not merely providing mortgages; it provides sound advice and convenient choices tailored for individuals wanting to buy a home.

The International Bank of Qatar (IBQ) is committed to making its customers' banking experience simple; partnering with ASTECO, one of the top Real Estate Agencies in Qatar; helping provide a smooth and efficient process for those seeking to buy their dream home.

'We are very pleased to be partnering with ASTECO and offering our mortgage products and service to customers. Our mortgage team ensures that purchasing a property from this major real estate company is a simple and smooth process. This relationship means that customers can start benefiting from our mortgage offerings right away,'



said Peter Wilkes, Deputy General Manager for Marketing at IBQ.

IBQ's mortgage loan is an excellent way to invest in the future as it provides customers the freedom to buy properties throughout Qatar. The bank's offers flexible terms and conditions that also allow customers the convenience of variable repayment terms and the option of no repayments until completion of property.

Located in Porto Arabia, on Qatar's landmark development, The Pearl, 'danat Qatar'. Capital Investment Development, whom have appointed ASTECO exclusive selling and management rights of the tower.

ASTECO is offering 230 apartments in total, boasting second to none views of the Arabian Gulf from every apartment.

'We are pleased to be teaming up with IBQ who are capable of translating our commitment to bring excellent value to our world-class clients. Asteco has been partnering with the industry's top professionals to ensure that high international standards are met in every aspect of property sales and management from conception to delivery and after-sales services.' said ASTECO General Manager David Oayda.

IBQ will be on hand to offer the best financial advice to support the purchasers' choice in their mortgage arrangements by keeping with the bank's commitment to responsible lending. IBQ provides a mortgage calculator which is designed to help calculate mortgage repayment options in order to make life simpler for all of the potential house hunters.

IBQ's expertise in mortgage lending will be provided to both IBQ and non-IBQ customers who wish to secure mortgage financing at Asteco's luxurious towers, signalling a wider commitment to the value of responsible lending for everyone.

'At IBQ, we are working hard to serve all our customers' needs. Just as Asteco provides exclusive real estate projects, IBQ endeavours to be more than just an ordinary bank where transactions take place. Instead, we are growing our business to help meet the diverse needs of our growing customer base in Qatar,' Mr Wilkes 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 6 branches and 16 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.

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 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
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Monday, May 12 - 2008 at 07:43 UAE local time (GMT+4)

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