The Commercial Bank of Qatar (CBQ) is offering a range of new loan products. CBQ no longer requires personal loan customers to provide a guarantor, so obtaining a loan is much quicker than before.
Another significant benefit is that it is no longer necessary to provide a down payment when taking out a vehicle loan so the entire purchase price of the car can be financed through the loan.
CBQ’s mortgage finance loans are designed to make it as easy to invest in a new home, being for up to 90 percent of the property value and repayable over 12 years or less. Loans are open to Qataris and can be used to help purchase either ready-built houses or for building a new home in association with Gulf Pioneers. Home protection and contents insurance is included under the terms of the loan.
CBQ’s new personal, vehicle and mortgage finance loans also feature a complimentary credit card, automatic insurance and competitive interest rates. In addition all of the products in the new CBQ loan portfolio now come with a two-month installment holiday. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
