BBK unveils exclusive Car Loan offers in partnership with First Motors

26 Feb 2025

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has signed a strategic partnership agreement with First Motors, the exclusive distributor of Hyundai and Genesis vehicles in Bahrain.

This collaboration introduces a series of exclusive car loan offers, providing customers with the opportunity to purchase new Hyundai and Genesis cars at highly competitive rates and with unparalleled benefits.

Through this partnership, BBK is offering both Bahraini and expatriate customers a range of financing advantages, which include the flexibility to defer installment payments for up to six months, reduced interest rates, and various repayment options for the initial installment.

These benefits are part of BBK’s broader efforts to offer innovative financial solutions for the automotive sector, helping its customers achieve their financial goals with greater ease and convenience.

Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, commented, “We are pleased to collaborate with First Motors to bring these exclusive car loan offers to our valued customers. This agreement underscores our commitment to expanding and enhancing the range of financing solutions available to our customers.

“By partnering with a trusted and renowned distributor like First Motors, we aim to ensure that our customers can acquire their dream vehicles at the best possible terms. We are always working to solidify our reputation as the preferred local partner for car loans, building on our history of strategic partnerships with Bahrain’s leading automotive dealerships.”

Mr. Taqi added: “Our customers are the driving force behind our success, and we are committed to delivering financial solutions that elevate their financial

well-being. Through a keen understanding of market trends and customer insights, we’ve developed a comprehensive suite of financing options that unlock new opportunities and streamline their financial journeys. At BBK, we aim to set new benchmarks in Bahrain’s car loans market, consistently providing exceptional value and a superior customer experience.”

Mr. Nawaf Al Zayani, the Managing Director of First Motors, stated, “We are proud to partner with BBK, a prominent and respected financial institution in Bahrain, to bring this exclusive offer to their customers. Through this collaboration, we aim to provide a seamless and rewarding car-buying experience, offering a wide range of premium vehicles to suit different preferences and needs.”

Mr. Al Zayani added, “Our shared goal is to ensure that customers can access the best financing options and take advantage of exceptional benefits when purchasing their vehicles. We look forward to building on this partnership and exploring new ways to support our customers in finding the car that best fits their lifestyle.”