NBB launches car loan product

MANAMA: The National Bank of Bahrain (NBB) has launched a new auto finance product with special interest rates being offered for the purchase of hybrid and electric vehicles.

The product features zero processing fees, life insurance coverage, finance of up to 100 per cent of the car value and fast approvals.

Commenting on the launch, Subah Al Zayani, chief executive of retail banking at NBB, said: “We aspire to drive the demand for hybrid/electrical cars, complimenting Vision 2030 strategy for clean energy and non-carbon emissions. As part of our initiative to increase environmental consciousness, we are hoping to encourage our fellow customers to help promote sustainability practices within the kingdom.”

Source: https://www.gdnonline.com/Details/979211