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Tribune News Network
Doha
Leading Islamic bank QIIB on Saturday announced that it has launched a real estate financing offer as part of the Qatar National Day (QND) celebrations.
The real estate financing offer, which has competitive benefits that are considered among the best in the banking market both in terms of profits and advantages, has been launched in cooperation with Ooredoo Rewards Programme, Nojoom.
The offer allows QIIB’s existing or new customers, who transfer their obligations to the bank, to obtain real estate financing at a lower rate starting from 4.5 percent (a fixed profit rate of 2.63 percent), thus meeting their aspirations in terms of obtaining real estate financing at a reasonable cost and easy terms.
With this offer, valid from November 1, 2020 to December 31, 2020, QIIB customers and customers who transfer their obligations to the bank will be able to obtain the best real estate financing, with benefits that combine flexibility, long repayment period and competitive financing, as well as a rewards for each financing from Ooredoo in terms of ‘Nojoom points’, based on the quantum of the granted
financing.
Under this real estate financing offer, every customer obtaining a real estate financing will earn 18,000 Nojoom points for every QR500,000, in addition to a free valuation of the property to be financed.
Commenting on the launching of the new offer, QIIB Deputy CEO Jamal Abdullah Al Jamal said, “We are proud to celebrate Qatar National Day as part of QIIB’s annual traditions. This year, we are celebrating this joyful occasion, which invokes our country’s pride and renais sance, early with an exceptional financing offer to those wishing to buy a property with unprecedented benefits, whether in terms of profit, duration or flexibility.”
He said, “On this precious occasion, we strive to provide a value addition to our esteemed customers and all those who wish to benefit from this two-month offer and obtain a real estate financing that is most appropriate to their needs.”
Jamal affirmed that the launch of the offer came in response to our customers’ needs, based on an appropriate market study that monitored the trends and needs of different customer groups during this period with all its developments, challenges and opportunities.
The deputy CEO called on customers to take advantage of QIIB’s real estate financing offer on the occasion of Qatar National Day. He said, “Speed, flexibility and customer service in accordance with the best banking standards are among the best-known features of our products, services and offers.”
QIIB’s existing customers or those wishing to transfer their obligations to the bank can benefit from the real estate financing offer.
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01/11/2020
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