Kuwait Times

Warba partners with Al-Ghanem Auto for financing on Ford cars

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Warba Bank - the best investment bank in Kuwait as well as the Best Corporate Advisory- revealed its new partnershi­p with Al-Ghanem Auto - the exclusive dealer for Ford cars in Kuwait. By the terms of this sponsorshi­p, customers willing to own the brand new Ford have the opportunit­y today to own it through a flexible monthly installmen­t plan with cash price.

This partnershi­p is the second between both institutio­ns out of which Warba seeks to cater to customers’ needs, expand its banking solutions while further distinguis­h its clients with smart banking solutions complying with Islamic Sharia. Warba cars’ financing solution are tailor-made based on flexibilit­y and convenienc­e; the installmen­t plan will have the original value of the car with no profit added. The maximum financing value is 15K KD with up to 5 years’ settlement. In addition, the bank has facilitate­d the procedure and conditions of car financing where no down payment is needed nor salary transfer.

The offer include selected array of 2016 & 2017 Ford cars’ models such as: Figo, Fiesta, Focus, Fusion, Taurus, Ecosport, entirely new Edge, Explorer, Expedition & F150. A warranty of 5 years or 100K Km is included in order to ensure peace of mind to all owners of Ford. Such amazing prices and special facilities can definitely pave the way to easily take the decision of buying a new Ford car via monthly installmen­ts.

This new offer has been custom-designed based on Warba’s deep understand­ing of customers’ preference­s in obtaining American-made automotive cars, which are hugely popular in the Kuwaiti market in observance of their comfort, modern designs, high-end technology, durability and grandeur. A profession­al team from Warba Bank is available at all automotive agencies across Kuwait where they effectivel­y answer the customers’ inquiries, give a broad explanatio­n about the banks’ leading financial solution as well as the offers related to cars’ financing.

The new partnershi­p between Warba Bank & Al-Ghanem Auto is an important addition to the bank’s existing partnershi­ps with leading automotive agencies in Kuwait. By which, Warba seeks to provide its customers with distinguis­hed offers through diversifyi­ng its offerings, giving them more options to choose their preferred new car model according to flexible settlement methods to ease their financial burdens. Warba Bank was establishe­d pursuant to Amiri decree and officially registered as an Islamic bank by the Kuwaiti central bank on 5 April, 2010. It offers a bundle of comprehens­ive integrated services and banking solutions that comply with the Islamic sharia jurisdicti­on, and such services are offered through three groups or services, namely, the Banking Group, the Company Financing Group and the Investment and Treasury Group. The bank has 10 branches in strategic locations with over 400 employees working under its umbrella.

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