WarbaBank

Al Mazyad:

• The agreement with MNSS is part of the Bank's efforts to cooperate with major economic entities in the automotive distribution sector.
• Our partnership with MNSS Group originally stems from mutual trust in the efficiency and effectiveness of the two institutions.




Schultz:

• We offer competitive offers and prices on all Toyota and Lexus vehicles.
• The leasing agreements will provide peace of mind to our customers. The contract can be tailored to each individual & will cover all comprehensive insurance, maintenance & repairs including brakes, tires, etc.

Warba Bank has announced the signing of an agreement with MNSS, to lease Toyota and Lexus vehicles at competitive prices and unique services, and the agreement allows the customer to apply for car leasing through any of the showrooms spread throughout Kuwait.

Through this agreement, Warba Bank seeks to facilitate all procedures for applicants for car leasing in Kuwait at the best prices, knowing that this cooperation includes Toyota, Lexus, and their long-standing vehicles, whether sedan or 4x4, where the customer can lease them through flexible Leasing programs over one or two years.

In this regard, Acting Chief Retail Banking Officer at Warba Bank, Musaed Mazyad Al Mazyad, said that this deal with MNSS comes within the framework of the bank’s endeavor to cooperate with major economic entities in the automotive sector, and aims to support and enhance our services that we provide to the bank’s customers in the car financing sector through Murabaha contracts. vehicles, where the bank was able to occupy an advanced position in the field of car financing.

He continued to state that: "We are very pleased to have signed this agreement with MNSS, which confirms Warba Bank's leading position in the market in the field of strategic partnerships aimed at strengthening the customer base, and this project and our partnership with MNSS Group originally stem from mutual trust in the efficiency and effectiveness of the two institutions."

MNSS has been selected as one of the first names in the automotive distribution sector in Kuwait, in addition to having a huge distribution network of car showrooms and service facilities in Kuwait, allowing Warba Bank to be with its customers in all provinces and regions of Kuwait on an ongoing basis. Mr. Bengt Schultz, Chief Operating Officer of Alsayer group, said: "This agreement is characterized by competitive offers and prices on all Toyota and Lexus vehicles, explaining that the customer will enjoy leasing services directly with Toyota and Lexus service facilities, and will receive VIP coverage for all services during the leasing period."

In addition to facilitating all services for the lessor customer, pointing out that the beginning of this partnership will be the leasing of vehicles of the type of Lexus and Toyota.

Schultz explains that 2022 will be a unique year in the Automotive market.