QIIB Green launches its Green Financing offer for Electric and Hybrid Vehicles


Al-Meer: We are committed to sustainability whilst ensuring our offers exceed the expectations of our customers

Al-Kuwari: Ooredoo has a commitment to taking a lead role in supporting environmental initiatives


DOHA: With sustainability at the forefront of our ethos, QIIB Green seeks to contribute to a carbon neutral environment, with that in mind, QIIB Green launches its Green Financing offer for electric and hybrid vehicles.  

By availing the offer, QIIB customers, as well as customers from other banks who transfer their liabilities to QIIB, can obtain Green Financing to purchase an electric or hybrid vehicle. Customers who are members of Ooredoo’s Nojoom loyalty programme can also benefit from a reward of 2022 Nojoom Points for every QR10,000 worth of finance taken.

The offer is valid from 15th July to 15th September 2022, providing a settlement period of up to 72 months for Qataris and 48 months for residents as well as a grace period of up to 12 months for Qataris and 3 months for residents.

Commenting on the launch of QIIB Green’s, Green Finance Offer, Mr. Omar Abdulaziz Al-Meer, QIIB Chief of Business Development and Alternative Channels stated: “We are pleased to provide our valued customers with various financing options to satisfy their needs and aspirations. We are pleased to be part of a green initiative, which is in line with and a testament to our vision, values and commitment to sustainability, which we see as a crucial part of all economic and social aspects.” 

He said, “We are also pleased that this Green Finance offer for both electric and hybrid vehicles encourage the preserving of the environment and offers a route to sustainability, whilst contributing to promoting a culture of Green Economy, with a shift towards the use of renewable energy.”

Al-Meer also stressed, “This offer that we have launched today for Green Financing is more than just an ordinary vehicle finance offer with competitive features. It is a direct call for all segments of customers to consider changing their way of thinking and contributing to the preservation of the environment.”

“We are witnessing growing environmental awareness at both a local and international level. We are pleased to be part of this and strive to contribute to sustainability by facilitating our customers' access to Green Financing solutions.”

“QIIB encourages its customers to take advantage of the Green Finance offer and be in line with the prominent transformation that is taking place in the automobile industry." Mr. AL-Meer added.

Sabah Rabia Al-Kuwari, Director PR at Ooredoo, said: “We are pleased to participate in this offer by offering a reward of Nojoom Points. As a leading telecommunications operator in Qatar, we have a commitment to taking a lead role in supporting environmental initiatives, promoting sustainability and preserving the environment, in line with our corporate social responsibility strategy and our commitment to supporting achievement of the goals of Qatar National Vision 2030 and the United Nations Sustainable Development Goals.”

It is worth mentioning that customers can obtain Green Finance from QIIB by visiting any of the QIIB branches. For any inquiry regarding this offer or any other offers and products from QIIB, customers can contact our Call Centre.