(DNE File Photo)
Banque Du Caire’s car loan sales have exceeded 1,000 loans during one month, according to a statement by the bank.
“Since Banque Du Caire planned to launch this product, it was keen on developing relations based on full credibility and transparency with clients. It was also committed to quickly finish the procedures of loans in less than 24 hours,” said Mounir El-Zahed, Banque Du Caire’s CEO and Chairman.
El-Zahed added the bank is on top of the car funding market, which imposes challenges on the bank to maintain clients’ confidence regarding its other services and products. The bank’s market share reached approximately 17% of the total cars funded through banks.
Banque Du Caire has launched new fund programmes, such as the used cars’ loan programme launched this month. This product is launched through five different programmes that suit public employees, businessmen, professionals, doctors and professors. The bank deals with more than 90 companies, suppliers, and exhibitions.
