Ajman Bank, Al Futtaim in vehicle finance deal
Dubai, June 8, 2010
Ajman Bank and Al Futtaim Motors have jointly announced the launch of an exclusive one month financing offer for commercial vehicle finance with flexible financing options and a significantly improved value proposition.
This joint promotion offers zero per cent down payment on all businesses except for 'Rent a Car' which is 10 per cent down payment, 60 days payment holidays and option to customise first six months payments on selected 2010 Toyota Yaris Hatchback, Yaris Sedan, Corolla, Hiace Commuters and Coaster buses.
On selected 2010 Hiace Commuter & Coaster buses, Al-Futtaim Motors further offers additional Dh10,000 ($2727) savings to its business customers. The financing amount extends up to Dh5 million with a repayment tenor of up to four years.
Mubashar Khokhar, CEO of Ajman Bank said, “We believe in rapid execution of our plans backed with a high standard of quality in our delivery and intimate knowledge of our customers’ needs."
"We are proud to have this partnership with Al Futtaim Motors which will bring us closer to our customers and hopefully conveys the message that we are committed to serve them with tailor-made products aligned to their requirement," he noted.
Hugh Dickerson, senior general manager Sales and Marketing at Al-Futtaim Motors, said the offer was just one of the many ways to help businesses in the UAE run their vehicle fleets cost effectively.
"This fantastic promotion with Ajman Bank means that we can add very attractive vehicle financing to the benefits of Toyota’s legendary low cost of ownership, which is so important for businesses to control their mobility costs to keep them competitive," he stated.
Osama Al Hamdani, head of SME Banking for Ajman Bank said, "The SME customer segment is of strategic relevance to us and we are committed to providing innovative solutions and leading the way in meeting the financial servicing requirements of the segment."
The promotion will be available through all Al Futtaim Motors’ Toyota showrooms and Ajman Bank branches across the UAE.-TradeArabia News Service