Emirates NBD offers special Mercedes auto loan promotion through February

Press release

Published February 12th, 2012 - 05:36 GMT

Al Bawaba

Emirates NBD, a leading bank in the region, and Gargash Enterprises, the authorised distributor of Mercedes-Benz in Dubai launched a special offer on auto loans for select models of Mercedes Benz vehicles, to be availed through February 2012. Seen at the launch of the special promotion, are Saif Al Mansoori, Deputy Head – Group Marketing & Branding, Emirates NBD, with Wassim Derbi, Marketing Manager, Gargash Enterprises.

The promotion, which has been launched as part of Mercedes and Emirates NBD’s joint sponsorship of Omega Dubai Desert Classic Men’s Golf tournament, will run across all Emirates NBD branches and Mercedes Benz showrooms, through February.

Customers willing to buy select models of Mercedes Benz vehicles can avail of a flat rate of 3.25 per cent (around 6.02 per cent reducing rate) and complimentary service at 15,000 kilometres on selected Mercedes-Benz C-Class, E-Class & S-Class models until 29^th February, 2011. Additional benefits include preferred motor insurance rate, free doorstep annual registration renewal services, free credit card for one year, around the clock roadside assistance, free bank account, free SALIK card and online SALIK recharge and RTA fine payment facilities giving complete peace of mind.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.