Bahrain – The National Bank of Bahrain (NBB) has signed a Memorandum of Understanding with Euro Motors, a leader in the automotive industry in the Kingdom of Bahrain, to strengthen its automotive loan offerings.
Under this agreement, the BNB will provide financing solutions for new and used vehicles.
Additionally, clients will benefit from a term of up to 7 years with no down payment required, and optional salary transfer, as well as a fast and transparent approval process.
As NBB aims to embed sustainable development practices within the community, the product also offers exclusive no-fee pricing on hybrid and electric cars, its top official said at the signing ceremony. recently held at the headquarters of Euro Motors.
He was followed by David McGoldrick, the managing director of Euro Motors alongside Subah Abdullatif Al Zayani and Mohamed Raees of NBB.
Commenting on the deal, Al Zayani said the bank continues to work with key industry players in the kingdom to deliver exclusive offers to customers as part of the car loan product’s value proposition.
“As such, we are delighted to partner with Euro Motors to enhance the shopping experience for our customers. We are excited to pursue new opportunities in conjunction with the luxury Euro Motors brand,” he said. .
McGoldrick expressed his delight in partnering with NBB to provide finance deals on a wide range of luxury cars currently available at his dealership.
“We look forward to extending our collaboration with the BNB to enable the bank’s customers to purchase the vehicles of their choice,” he noted.
“The BNB car loan solution offers customers the possibility of buying the car of their dreams with complete peace of mind. The bank continues to expand its financing product with exclusive offers to promote environmentally friendly practices,” he added..
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