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QIB launches exclusive Auto Finance promotion during Ramadan

QIB launches exclusive Auto Finance promotion during Ramadan  26 Apr 2021 - 11:19 The Peninsula Qatar Islamic Bank (QIB) has announced the launch of its Auto Finance promotion during the holy month of Ramadan, to meet the growing needs of its customers. The new promotion is part of the bank’s commitment to reward new and existing loyal customers who apply for car finance, by offering them a number of benefits. Along with quick approvals and low reducing profit rates at 3.50 percent p.a. (1.83 percent flat), the Auto Finance offer will provide new and existing QIB customers attractive rates on their Auto Takaful policy, with a 1.90 percent exclusive rate, as well as a 6 months’ grace period from the finance tenure, for both Qatari nationals and expats. QIB has partnered with a variety of automotive dealers and brands to offer special financing deals on new vehicles during Ramadan.

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QIB launches exclusive Auto Finance promotion during Ramadan

QIB launches exclusive Auto Finance promotion during Ramadan
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

Oodle to sell excess spread notes for first time as auto ABS spreads compress

By Tom Brown 03.45 PM Oodle Car Finance selling further down the capital structure than ever before with its latest Downson auto ABS, adding excess spread notes to the offering as well as a full stack of principal-backed notes, reaping the benefits of spread compression driven by auto ABS scarcity. The auto lender is seeing an influx of new investors looking through its term sheet. In addition, all investors which first participated in its initial deal are booking roadshows for the third offering.“We are going to sell the class X which is something we retained on previous . Already a subscriber?

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