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          Published 27th Jul 2010

          Ajman Bank and Al Futtaim Motors New Vehicle Finance Launched for Businesses in the UAE

          This joint promotion offers 0% down payment on all businesses except for Rent a Car which is 10% down payment, 60 days payment holidays and option to customise first 6 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 10,000 savings to its business customers. The financing amount extends up to 5 Million with a repayment tenor of up to four years.

           

          Mubashar Khokhar, CEO of Ajman Bank commented on the deal saying, “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.”

           

          Hugh Dickerson, Senior General Manager Sales and Marketing at Al-Futtaim Motors commented, “This offer is just one of the many ways that we are helping 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.”

           

          Osama Al Hamdani, Head of SME Banking for Ajman Bank added, “We are very honored to be associated in this partnership with Al Futtaim – a respected and a leading business group. 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.

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