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UAE dealer teams with banks to boost auto market
- United Arab Emirates: Tuesday, March 31 - 2009 at 14:58
Al-Futtaim Automotive, the UAE's largest automotive distributor, has signed deals with leading banks in the country to provide new credit facilities to help buyers finance their purchases. Under the new scheme auto loans will be available to customers earning a monthly salary of Dhs4,000 and above, which is well below the typical salary criteria of Dhs10,000. The dealer is also offering zero down payment and interest rates from 5.5%.
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StaffTuesday, March 31 - 2009 at 14:58 UAE local time (GMT+4)
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