QIIB unveils new ‘Green Car Financing’ product for electric and hybrid vehicles

Doha, Qatar: QIIB announced the launch of its new green car financing product, tailored for customers seeking to purchase electric and hybrid vehicl...

Doha, Qatar: QIIB announced the launch of its new ‘green car financing’ product, tailored for customers seeking to purchase electric and hybrid vehicles.

This product highlights QIIB’s commitment to delivering innovative financial solutions that align with Qatar’s National Vision 2030, emphasising environmental preservation, public health, and sustainable development.

With a competitive Profit Rate of  3,7% (APR) the lowest QIIB financing rate  currently available —and a grace period of up to 12 months, QIIB’s green car financing offers unmatched benefits for customers looking to invest in eco-friendly vehicles of any brand.

Khalid Abdulrahman al Shaibei (pictured), Head of Business Development at QIIB, stated, “We are excited to introduce this exceptional, permanent addition to our portfolio. Our green car financing offers a unique experience for customers who wish to own electric or hybrid vehicles, reflecting the latest advancements in environmentally-friendly technology.”

Al-Shaibei emphasised that this product is part of QIIB’s commitment to sustainability and corporate social responsibility, aligning closely with Qatar’s National Vision 2030 and the country’s Third Financial Sector Strategy, which prioritise ESG principles.