QNB Hosts the Third Annual Auto Dealers Gala Dinner

Posted on : Sun, 09 June 2013

Doha, June, 9th, 2013- QNB, the World’s Strongest Bank, held its third annual automobile dealer reception gala dinner at a Al Gassar Resort. This annual event reinforces QNB’s commitment to all automobile dealer partners in Qatar on being the partner of choice for vehicle financing and leasing.

“Though last year QNB became the Largest Financial Institution in Qatar and the Middle East and North Africa, QNB today achieved another huge milestone when we were listed as The World’s Strongest Bank by Bloomberg Markets” said Mr. Faraj Hamad Al-Marri, acting AGM, Domestic Distribution and Manned Channels, who delivered the welcome speech at the event.

“Let me say that, being the strongest bank in the world doesn’t mean that we have achieved the best we can, on the contrary, the best is yet to come, and with your continued support, we, together, will achieve the best of the best” added Mr. Al-Marri.

The latest and perhaps most exciting product introduced by QNB this year, is the vehicle leasing program called “Motary.” Through Motary, customers can now lease the vehicle of their choice for a period of one to four years with an option to keep or return the car at the end. There is wide range of models available including Toyota, Lexus, Mercedes Benz, Chevrolet, Cadillac, GMC, Subaru, Kia, Mitsubishi, Ford, Peugeot, Lincoln, Jeep, Dodge, and Chrysler, with more to come. The market response to Motary has been extremely positive and has in fact exceeded initial expectations.

QNB’s successful partnership with the local car dealers is backed by the Bank’s innovative financial solutions for its clients, particularly when it comes to vehicle financing. Besides offering competitive rates on vehicle financing, the Bank has placed its entire suite of vehicle financing services under one roof to serve its customers faster and better at the Vehicle Finance Centre in order to give its customers an excellent level of ease and speed in completing their transactions.

The Vehicle Finance Centre and the new promotions aim to maintain QNB’s leadership in vehicle financing, to be number one in vehicle financing innovation and to be the preferred partner of car dealers in Qatar.