TBI and Anwar Babel sign Agreement

TBI and Anwar Babel sign Agreement

Baghdad, 13 August 2017

Yesterday, A cooperation agreement has been signed between the Trade bank of Iraq (TBI) and Anwar Babel for Automobile services, which is the exclusive distributer of NISSAN cars in Iraq, have signed an agreement regarding granting car loans at the company’s main showroom at Al-Karrada area in Baghdad.

The previously mentioned agreement, which was signed by Assistant Manager of TBI, Mr. Fouad Al-Wakeel and Authorized Director, Mr. Sadiq Khadim, resembles a new activity by Anwar Babel to provide more services for its customers and facilitate purchasing NISSAN cars, the thing that will build a long-term relationship between the company and the customers and gaining their satisfaction.

The agreement also provides an additional service provided by the bank to its customers from different segments to facilitate their purchase of cars through partnerships with well-known companies having a significant and good reputation in the Iraqi market, such as Anwar Babel for Automobile services.

Under that agreement, the bank will lend employees, whose receive their salaries from the bank and willing to buy NISSAN cars. The loans amount is up to 60,000,000 IQD. Anwar Babel for Automobile services will handle the sales process of NISSAN cars to those borrowers. The process shall also include After Sale services along with providing the necessary spare parts. NISSAN cars shall also have manufacture insurance.

• The financing process shall be subject to the terms and conditions of “SEARTY” product issued by TBI.