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15-05-23
Dukhan Bank Launches Eco-Friendly Vehicle Finance Offer to Promote Green Mobility in Qatar
(MENAFN) Dukhan Bank has announced the launch of its first eco-friendly vehicle finance offer, aimed at encouraging customers to make their next vehicle purchase an electric or hybrid one. The offer, which is valid until September 30, 2023, offers a competitive profit rate for new and existing customers who opt for an eco-friendly vehicle.
Customers who apply for Dukhan Bank's eco-friendly vehicle finance will benefit from a highly attractive reduced profit rate of 1 percent less than the car finance profit rate for regular cars. In addition, they will also receive a complimentary Dukhan Bank credit card for one year and an added benefit of a three-month grace period.
The launch of this new eco-friendly vehicle finance offer is in line with Dukhan Bank's commitment to its Environmental, Social, and Governance (ESG) strategy. The bank aims to increase the number of sustainable 'green' finance products it offers to customers.
Talal Ahmed Abdulla Al Khaja, Chief Communications Officer at Dukhan Bank, commented on the launch of the new eco-friendly vehicle finance offer, stating that the demand for electric vehicles is on the rise. He added that as more drivers choose to drive zero-emission cars, Dukhan Bank is delighted to offer the best-in-class eco-friendly vehicle finance solution for both new and existing customers.
According to Al Khaja, a low profit rate means owning an electric car is more affordable than ever. He believes that this new offer will drive forward Dukhan Bank's journey to strengthen green mobility across Qatar and is a step towards a greener environment.
The launch of Dukhan Bank's eco-friendly vehicle finance offer is a positive step towards promoting green mobility in Qatar. By offering a competitive profit rate and additional benefits, the bank is encouraging customers to make the switch to electric or hybrid vehicles. This move is in line with Qatar's commitment to reducing its carbon footprint and promoting sustainable development. As more banks and financial institutions introduce similar eco-friendly finance products, it is likely that the adoption of electric and hybrid vehicles will increase in Qatar.
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