National Bank of Kuwait (NBK), in partnership with IBQ, its associate in Qatar, extended its “You Choose, We Finance” campaign to Qatar to offer customers the opportunity to easily own multi-national properties in the UK, USA, France, Lebanon, Egypt, UAE and Jordan.
This first-of-its-kind service aims at making the purchase of property abroad hassle free. The simple and straightforward application process involves the customer applying for finance in Kuwait or Qatar, while NBK and IBQ take care of the rest of the process. Customers will benefit from competitive rates and long tenures.
NBK General Manager, Consumer Banking Group Mazin Al Nahedh said: “Owning a property has never been so easy. We have a very simple application process. Now, our clients in Kuwait and Qatar can simply apply for a loan and we will take care of the rest.”
“NBK’s large international network provides customers with the best investment opportunities and services,” added Al Nahedh. “NBK and IBQ customers can start looking for properties in the UK, USA, France, Lebanon, Egypt, UAE and Jordan and we encourage them to benefit from this opportunity to achieve their investment goals and enjoy promising returns.”
Philip King, AGM of Retail Banking at IBQ, commented: “By tying up with our partner NBK on this exciting new service, IBQ continues to provide highly competitive value-added products and benefits and more importantly, the best available choices for our customers looking to purchase property overseas. Our international reach through the extensive NBK network will ensure the process is simple and direct.”
NBK enjoys the widest international presence spanning many of the world’s leading financial centers including London, Paris, New York and Singapore, as well as China (Shanghai). Meanwhile, regional coverage extends to Lebanon, Jordan, Iraq, Egypt, Bahrain, Qatar, Saudi Arabia, the UAE, and Turkey.
IBQ is 30% owned by NBK.