BBK announces exclusive Car Loan campaign in Ramadan

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has launched an exclusive Ramadan campaign for car loans, aligning with the Bank’s commitment to consistently deliver top-notch services.

For the month of Ramadan, BBK is offering car loans at an exceptionally competitive preferential interest rate, complemented by convenient installment plans featuring an optional grace period of up to 6 months and no processing fees.

Furthermore, the Bank has streamlined the loan approval process, ensuring a fast and smooth experience for applicants, and as an additional incentive, BBK will offer a BD 100 prize to the first 50 applicants who apply for car loans within the specified campaign period.

Ahmed Taqi, General Manager of Retail Banking at BBK, commented: “Customers will have the opportunity to avail car loans without the requirement of transferring their salaries or providing any down payment.

This underscores our ongoing commitment to introducing accessible financing initiatives that offer customers maximum benefits with minimal financial burdens.”

“The recent surge in demand for car financing services has prompted the Bank to roll out these special offers, strategically coinciding with the month of giving and generosity,” added Taqi.

Taqi emphasized that BBK car loans include financing the purchase of electric cars which falls under the Bank’s Environmental, Social and Governance (ESG) initiatives.