The grace period has been appropriately labelled a "Payment Holiday" as it is indeed just that. AHB firmly believes that a lot more goes into making a house a home, and as such are providing their customers with the ability to use their money for home furnishings and appliances during their "Payment Holiday".
AHB customers can benefit from a staggering 18 months for customers repaying loans used for construction! 6 months for customers repaying loans used to purchase land or property and 3 month payment holiday on loans used for refinancing existing loans from other banks.
Mr. Karim Boukarroum, Head of Marketing at AHB, said: "Based on experience, our customers require a lot more in order to turn their house into a home. We wish to provide them the facility to purchase furniture, appliances, decorations, and landscaping; transforming their new property into a place they can truly call home."
He added, "During the payment holiday the monthly interest fee will be added to the outstanding balance, so customers are clear on the terms of the offer before they decide"
Browse
related articles
Alliance Housing Bank (AHB) Payment Holidays offer
- Oman: Saturday, September 16 - 2006 at 11:18
- PRESS RELEASE
Alliance Housing Bank, one of the Sultanate's true leading innovators for home loans, has just announced its spectacular Ramadan promotional offer; a grace period of up to 18 months for customers re-paying loan instalments.
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Log in to request more information from Ahli Bank (Alliance Housing Bank)
Notes and media contacts
Contact - Maurizio MonteMomentum PR
Tel: 24 564465
Fax: 24 562354
Posted by Lara Lynn Golden, News EditorSaturday, September 16 - 2006 at 11:18 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Tue Oct 31 2006.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds