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United Arab Emirates : DIBPL launches first of its kind "Consumer Durable Finance" product

May 14, 2014

Dubai Islamic Bank Pakistan Limited (DIBPL) has launched the first of its kind "Consumer Durable Finance" product, which customers will be able to avail and use them for purchasing from a wide range of electronic and household products.

This announcement was made during a product launch ceremony at DIBPL Head Office in Karachi.

The MoU was signed between Junaid Ahmed, CEO - DIBPL and Farzand Shergill, CEO - YPEL (Pvt) Ltd during a ceremony held at DIBPL's Head Office.

The event was also attended by Khawaja Asif, Head of Consumer Banking, S M Imran, Director Operations YPEL and DIBPL's Management Committee Members.

DIBPL and YPEL (Pvt) Ltd has formed part to provide customers with innovative generator financing solution on easy monthly installment plan for tenure ranging from six to 36 months.

DIBPL on initial basis will offer top of the line 'Yamaha Generators' with latest features under the ambit of Dubai Islamic Consumer Durable Finance.

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Source: TendersInfo (India)

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