Philip King, Head of Retail Banking at IBQ
All Qataris can now enjoy a one-year long holiday from loan instalments with IBQ’s innovative and Qatar’s first deferred loan instalments programme. The new campaign is valid for all personal and car loan applications submitted before the 31st of January 2012.
Offered at very attractive interest rates, one of the lowest in the country, IBQ loans for Qataris are available with a tenor of up to six years and a maximum amount of QAR 2 Million with principal and interest included.
This special offer is available as a new loan, a buy-out loan with salary transfer to IBQ or a top-up to an existing loan with IBQ. Non-IBQ customers can enjoy this one-year holiday from their monthly loan obligations once they transfer their salary to the bank.
Philip King, Head of Retail Banking at IBQ said: “This is another very innovative banking first in Qatar from IBQ. Our creative and customized retail solutions have truly turned us into the Bank of Choice in Qatar for many. Our product and service line has made banking easier and much more convenient for all our customers and this has pushed us to provide them with continuous rewards programmes throughout the year. We understand that transferring accounts or switching between banks is not always simple and this is exactly why at IBQ we have worked to make this as inviting as possible.”
IBQ has seen its customer base increase by over 300 per cent in the last 3 years. The bank continues to expand its network of branches with a diversified range of touch-points across the country.
IBQ offers a full portfolio of innovative products that offer value and choice to customers in addition to a full state-of-the-art retail banking menu.
The bank’s substantial investment in retail banking technology and innovation has earned it several accolades such as Best Retail Bank in Qatar for the year 2011 by Arabian Business magazine and Best Customer Service for four consecutive years from The Banker Middle East magazine.