As a well established and rapidly growing financial institution, the International Bank of Qatar (IBQ) has announced a unique partnership with Ali Bin Ali's (ABA) Jewelry & Watches. The partnership is being launched in time for the fourth annual Doha Jewelry & Watches Exhibition, taking place on 27th February – 4th March., marking the beginning of a series of activities over the coming few months.
In the spirit of this partnership IBQ, a ‘Silver Sponsor’ of the 4th Jewellery & Watches Exhibition is launching a special personal loan promotion that will run from 27th February until 30th June 2007. All existing and potential IBQ customers that apply for a new personal loan during this period will be entered in an exclusive draw to win a fantastic prize of QR 50,000 worth of jewellery of their choice from Ali Bin Ali Watches & Jewelry. Customers will receive one entry for every QR 10,000 of loan amount taken. All customers are however winners since IBQ offers personal loans at very competitive interest rates, long repayment periods, large loan amounts, fast approvals and free credit insurance protection for the borrower's family.
Representing two distinguished leaders of their fields, IBQ and ABA, will offer their clients a novel opportunity to benefit from both quality banking services and high-end luxury products concurrently. The partnership will facilitate the purchasing and financing of exquisite luxury products ranging from high-end watch brands, jewellery pieces, sets and accessories. In addition, exclusive services and prices will be offered to clients.
For decades, Ali Bin Ali Watches & Jewelry has been synonymous with luxury. With its exclusive range of top-end jewellery and watch brands, the Ali Bin Ali showcase at the Jewellery Exhibition is expected to display a unique range of luxury products especially arranged for this year’s exhibition. The showcase will also include an elite Ali Bin Ali jewellery fashion show.
"As a silver sponsor of the 4th Doha Jewellery & Watches Exhibition we at IBQ wanted to find a way in which we could demonstrate our commitment to our customers both existing and new in this highly prestigious event. We are therefore privileged to be associated with Ali Bin Ali Luxury Division since not only does this underline our commitment to facilitating our customers' financial requirements but underlines our position as a bank that recognises and delivers quality. Our partnership with Ali Bin Ali Luxury Division is just the beginning of many mutual initiatives planned in the coming year," commented Michael H. Williams, General Manager of IBQ.
Commenting on the partnership, Pierre Abinahed, General Manager –Ali Bin Ali Luxury Division said, "As a testament to H.H. Sheikh Hamad Bin Khalifa Al-Thani excelled efforts, the Doha Jewellery Exhibition has improved year after year and places Qatar centre stage in luxury products. This is the fourth year the Doha Jewellery & Watches Exhibition is taking place and once again we are pleased to be a part of this. We are particularly pleased to be affiliated with the International Bank of Qatar and look forward to a truly rewarding partnership that will surely last beyond the period of the Exhibition."
The IBQ and Ali Bin Ali Luxury Division partnership is a unique opportunity for two of Qatar’s most established entities to come together and provide the most exclusive products and financing offers. Having built its reputation on half a century of extensive banking experience focusing on service excellence, IBQ today is considered Qatar’s oldest and most experienced bank.
About the International Bank of Qatar (IBQ)
The International Bank of Qatar (IBQ); a well established and rapidly growing financial institution, previously known as Grindlays Qatar, celebrated its 50th year anniversary in 2006. IBQ today is a joint venture fully managed, and 20% owned, by the National Bank of Kuwait (NBK); the largest bank in Kuwait and best rated in the Middle East. The remaining 80% is owned by influential Qatari entities, whilst the bank is Chaired by Qatar's First Deputy Prime Minister and Minister of Foreign Affair's H.E. Sheikh Hamad Bin Jassim Bin Jabor Al-Thani.
Taking half a century of extensive experience in service-based private and corporate banking, IBQ is now developing its retail banking business with a parallel strategy, which accentuates its high quality service-based approach. IBQ today offers its customers a full range of retail, private and corporate banking solutions with a strong commitment to personalized service, and a focus on building long-lasting relationships. With a total of 4 branches and a growing network of ATMs located in strategic locations throughout Qatar, IBQ is an increasingly prominent local player that benefits from an international network as a result of its affiliation with NBK.
Released on behalf of the International Bank of Qatar by Hill & Knowlton – for further information or to arrange an interview, please contact:
