NBB provides customers auto financing opportunities for new vehicles in partnership with Y. K. AlMoayyed & Sons

NBB provides customers auto financing opportunities for new vehicles in partnership with Y. K. AlMoayyed & Sons

The National Bank of Bahrain (NBB) recently signed a Memorandum of Understanding with Y. K. AlMoayyed & Sons car dealerships to present the bank’s customers with the opportunity to receive auto financing on their new vehicles. The ceremony was held at NBB’s headquarters on 30 November 2021 with the attendance of Subah Al Zayani, Chief Executive – Retail Banking and Anas Yahya, General Manager from Y. K. AlMoayyed & Sons. With a focus on customer-centricity, the bank is providing an exclusive offering on a range of cars available at the Y. K. AlMoayyed dealership. As the first MoU to provide customers with the best financing solutions available, NBB is extending this offering with low interest rates and a fast approval process with the aim to alleviate customers’ financial burden. Commenting on the offering, Subah Abdullatif Al Zayani, Chief Executive Retail Banking at NBB, said: “We are pleased to sign this MoU with Y. K. AlMoayyed which paves the way for us to extend our auto loans and explore exclusive offers for our customers. As NBB, we aim to position ourselves as the preferred local partner within the auto industry by collaborating with key auto dealerships across the Kingdom. On his