NBB signs deal with Majestic Car Centre

TDT | Manama  

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain signed a Memorandum of Understanding with Majestic Car Centre to further extend the collaboration between the two entities, and provide NBB customers with competitive car financing offers as part of the bank’s “Auto Loan” product.

The signing ceremony was held at NBB’s headquarters, in the presence of Ebrahim Al Snan and Najem Al Snan from the Majestic Car Centre, alongside Subah Abdullatif Al Zayani and Ahmed Al Maskati from the National Bank of Bahrain.

Customers of Majestic Car Centre opting for an Auto loan from NBB will avail a range of benefits, such as a fast and smooth approval process, competitive interest rates, optional salary transfer, and no down payment required.

The Bank is additionally presenting five lucky winners with an opportunity to win a cash prize of BHD 1,000 each from NBB’s Auto Loan campaign, set to run until 2nd June 2022.

And as part of NBB’s efforts to introduce eco-friendly offers that align with the Bank’s commitment to promote sustainable solutions across its community, customers looking to purchase hybrid and electric cars will enjoy special interest rates and zero processing fees.

Subah Abdullatif Al Zayani, Chief Executive Retail Banking at NBB, said: “We continue to elevate our auto loan product by partnering with multiple car dealerships in the Kingdom to meet all our customers’ needs.”

Ebrahim Al Snan, Chairman at Majestic Car Centre, said: “We are delighted at this collaboration with the National Bank of Bahrain to provide its customers with exclusive offers on a range of our cars.”