BBK announces a unique 0% interest rate car financing plan with a 2-year installment free grace period in collaboration with Al Haddad Motors

06 May 2026

BBK, a leader in retail and corporate banking in the Kingdom of Bahrain, has partnered with Al Haddad Motors, the authorized distributor for Mercedes-Benz in Bahrain, to introduce a special financing program. The initiative is designed to make Mercedes-Benz ownership more accessible through a tailored payment structure that offers customers enhanced financial flexibility and a seamless purchasing experience.

Under this offer, clients can acquire their vehicle by paying 50% of the value at the time of purchase and enjoy a 2-year grace period where no installments need to be paid for the remaining 50% balance deferred portion. This offering is distinguished by a 0% interest rate over the entire term of the facility and a complete waiver of bank processing and life insurance fees. Furthermore, the program is designed for broad accessibility, catering to both salaried individuals and self-employed professionals, with the option to secure financing with or without a salary transfer to BBK.

Upon completion of the initial two-year grace period, the program offers clients three flexible pathways aligned with their financial preferences. Clients may opt to fully settle the remaining 50% balance or continue repaying the outstanding amount through an extended 0% interest monthly installment financing arrangement with BBK for another 2 years. Alternatively, clients may choose to trade in their vehicle for a newer Mercedes-Benz model.

Mr. Ahmed Taqi, Chief Retail Banking Officer at BBK, stated: “This program reflects BBK’s commitment to delivering innovative financing solutions that give customers greater flexibility and control over their financial planning. Developed in collaboration with Al Haddad Motors, it brings together the ease of Mercedes-Benz ownership with clear options at the end of the two-year term, allowing customers to retain the vehicle, extend the financing, or upgrade to a newer model.”

Mr. Taqi further noted that BBK continues to build strategic partnerships with leading automotive brands to reduce common hurdles associated with purchasing a new vehicle. Through instant same day approvals for car financing, competitive value-enhancing offers and meaningful customer benefits, the Bank aims to align its financing solutions with customer needs and preferences, reinforcing long-term confidence in BBK as a trusted financial partner.

Mr. Warren Hudson, General Manager of Al Haddad Motors, said: “We are proud of this partnership with BBK, which reflects Al Haddad Motors’ ongoing efforts to further enrich the customer experience in the Kingdom of Bahrain. This collaboration allows us to offer customers a more seamless path to owning a Mercedes Benz, supported by flexible financing solutions that respond to their evolving expectations and lifestyle needs. It also reinforces our focus on delivering the exceptional quality, service and ownership experience long associated with the Mercedes Benz brand. Such partnerships play an important role in creating greater value for customers and in raising service standards across the automotive sector through more innovative and customer focused solutions.”