26 March 2012, Sharjah, UAE: Considering that driving is arguably the UAE's number one pastime, it is surprising how little choice motorists have had when it comes to their finance and insurance needs. While there are plenty of finance companies and insurers out there, the choice for the customer has usually boiled down to interest rates and premiums, with little recognition of the specific needs of local drivers. Hoping to change this, two of the UAE's leading companies have joined forces to launch an innovative new product designed specifically for the nation's motorists.
United Arab Bank (UAB), recently voted "UAE's Bank of the Year" by the Financial Times' Banker magazine, and Zurich, one of the world's leading insurance groups, have developed a bundled product that combines market leading auto finance, motor insurance tailored to the unique requirements of drivers in the UAE, and a range of value added benefits.
With an auto loan at a flat interest rate of 2.99% and add-ons such as an AED 250 gift voucher for car accessories, an AED 100 Salik pre-paid card, and a pre-approved credit card, UAB's Auto Loan Bundle offers the customers an opportunity to enjoy a range of best-in-class products and services under one roof.
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