Noor Bank launches exclusive personal finance promotion enabling customers to benefit from low profit rates

Press release
Published October 9th, 2016 - 03:50 GMT
Noor Bank
Noor Bank

Noor Bank, a leading Shari’a-compliant bank in the UAE, today announced the launch of an exclusive promotion designed to benefit its personal finance customers with profit rates as low as 2.49% per annum, when consolidating their debt, or availing a new personal finance. To run until 15 November 2016, the promotion serves as a value-addition to support the bank’s customers in managing their finances and credit wisely, as well as meeting their varied needs without any added pressure.

Speaking about the limited-time promotion, Waleed Barhaji, Business Head of Consumer Finance, Noor Bank, said: “This offer provides our valued customers with competitive profit rates on high personal finance amounts of up to AED1,000,000 for expats and AED2,000,000 for UAE nationals. With the onset of the school season and mounting expenses, this promotion is our way of thanking our customers and supporting them in seamlessly meeting their financial obligations. Through this campaign, Noor Bank reinforces its commitment to adding value for customers and remaining their financial partner of choice in the UAE and wider region.”

In addition to reduced profit rates, Noor Bank’s personal finance customers can also benefit from enhanced optional Takaful services, such as double indemnity (DI) and involuntary loss of employment (ILOE) - a scheme that can extend to support the customer’s family.

Customers with a minimum fixed salary of AED 5,000 and salary transfer to Noor Bank are eligible to benefit from the offer. Interested customers can apply for Noor Bank’s personal finance promotion by simply sending an SMS message with the letters ‘PF’ to 3526.

Since its launch in 2008, Noor Bank has gained a reputation for offering innovative and client-focused banking products and services.

Background Information

Noor Bank

Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates.

Among the youngest banks in the country, Noor Bank has achieved significant growth in the past 10 years. Today, in 2018, as we continue to grow, we are ranked the 11th largest bank in the UAE in terms of asset size.

Noor Bank is a full-service Shari’a-compliant bank, offering a comprehensive range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. We have a presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.

Contact Information

Noor Bank
Burj Square
Building Number I
8th Floor
Sheikh Zayed Road
Business Bay
PO Box 8822
Dubai, United Arab Emirates

PR Agency

APCO Worldwide

APCO Worldwide
Dubai Properties Group,
3rd Floor Zone A,
Dubai Knowledge Village,
P.O. Box 500746
United Arab Emirates

PR Contact

Contact Name
Daniel Chinoy

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