Dubai Bank launches tailored financing package for Emiratis
Offers up to 80 per cent real estate financing; and personal financing with attractive terms and faster processing
Includes free-for-life Covered Card and a host of travel and shopping benefits
Open to UAE nationals employed in government and semi-government entities
Dubai Bank today announced the launch of a unique financing solution focusing on Personal and Property financing. Targeted at UAE nationals employed in the Government and Semi-Government sectors, the product is designed to provide this group with greater and more flexible access to the financing they need.
One of the key features of the new package is the availability of 80 per cent financing for real estate. Offered at competitive profit rates, with faster, streamlined processing times, this will enable eligible UAE nationals to purchase completed properties or finance construction of freehold properties in Dubai and Abu Dhabi.
Eligible individuals can also benefit from the personal financing solution, or simply opt for a free-for-life Covered Card with a three month waiver of profit fees. The Covered Card offers a host of other benefits, including free travel protection, discounted travel bookings, limousine and airport lounge access. Customers opting for the Platinum card can also avail of the AED 100,000 Free Takaful offer.
“Our new financing solution, developed in line with our prudent risk management policies, enables UAE nationals to achieve their short and long term financial goals, while having a positive impact on the overall economy.” said Mohammad Amiri, Head of Retail Finance, Dubai Bank. “Our initiatives have always been driven by innovation and a pragmatic business approach, which have helped us stay firmly on the growth path while serving the needs of our customers.”
