• HSBC

Emirates NBD launches auto loan promotions for Porsche and Volkswagen

  • United Arab Emirates: Sunday, September 06 - 2009 at 13:59
  • PRESS RELEASE

Emirates NBD, the largest banking group in the UAE in terms of assets, has partnered with Al Nabooda Automobiles LLC this Ramadan, launching the most unbeatable promotion of the year for the exclusive Porsche & Volkswagen brands.

This exclusive tie up is a first of its kind in the region and makes one's dream of owning a Porsche or Volkswagen a reality. The Offer for Porsche is unparalleled with a 0% interest rate offer for up to 2 years! In addition, the customers benefit from a free 1 year/ 30,000 km service plan.

On the other hand, Volkswagen comes with an equally compelling offer inclusive of a three year or 60,000 km service plan, with free registration, and 3 years unlimited mileage manufacturer warranty. All this comes at an unbeatable starting finance rate of 2.99% on any Volkswagen passenger model.

Commenting on this special venture, Mr. Suvo Sarkar, EVP & GM Retail Banking at Emirates NBD said:
'This first of its kind promotion is designed to provide best in class value to our customers which has always been the ethos at Emirates NBD, and what better time to demonstrate this than during the holy month of Ramadan.'


Mr. Vikram Krishna, Head - Retail Loans added, 'We are delighted to exclusively partner with the automobile giants - Porsche and Volkswagen to bring to the table these break through offers this Ramadan. The brands stand for outstanding quality and value that we are happy to offer to our customers. Our partners Al Nabooda Automobiles LLC have an extensive range of vehicles readily available to cater to the immediate needs of our clients.'

The promotion will run through Ramadan and will be available at Al Nabooda Automobiles LLC branches across the UAE.
Mr. Suvo Sarkar, EVP & GM Retail Banking at Emirates NBD.
Mr. Suvo Sarkar, EVP & GM Retail Banking at Emirates NBD.
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Notes and Media Contacts »

About Emirates NBD
Emirates NBD (DFM: ENBD) is the biggest banking group in the Middle East by assets. At 31st December 2008, total assets were Dhs282.4bn and a combined market share of 20.5%.

The Group has a leading retail banking franchise in the UAE, with over 120 branches and over 650 ATMs. It is a major player in the UAE corporate banking arena, with a combined market share of almost a fifth of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), and representative offices in India, Iran and Singapore.

For more press information please contact:
Hassan Al Khuwaildi/ Afra Ibrahim
PR Officer
Emirates NBD
T: 04 209 2263/ 7015875
F: 04 232 9147

Suzan Barhoush
General Manager- PR
tamra-c2
T: 04 295 1177
F:04 295 1188

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