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Abu Dhabi Finance launches Tijarati commercial mortgage product

United Arab Emirates: Tuesday, January 29 - 2013 @ 12:48

‘Tijarati’ offers up to 75% mortgage finance for clients wishing to purchase a property for own use or investment, including commercial offices, retail space, factories and warehouses.

With ‘Tijarati’, Abu Dhabi Finance offers UAE Nationals and Expatriate residents a minimum loan amount of Dhs500,000, with a maximum amount of Dhs10,000,000. Other features of the new product include maximum mortgage tenure of 15 years and the option to repay up to 10% of the outstanding loan amount once per year without incurring any early repayment charges.

Chris Taylor, Chief Operating Officer of Abu Dhabi Finance, said: “We are delighted to bring this new product to the market as we are continuing to expand and diversify our product offerings in response to the feedback we have received from the market and as a proof of ADF’s commitment to support Abu Dhabi Vision 2030 to develop the UAE economy and ensure sustainable development.”

“This product presents an opportunity for individuals and business owners to purchase a commercial property of their choice either to support their continuing business growth or as an investment for the future.” he added.

Abu Dhabi Finance has received several accolades which demonstrate the company’s leadership in the areas of Customer Service, Compliance Risk Management, and Finance and Business performance.

Abu Dhabi Finance Chief Operating Officer, Chris Taylor, won the ICAEW Chartered Accountant of the year award during the 2012 Middle East Accountancy and Finance Excellence awards.

ADF was also the proud recipient of the Customer Service Week STAR Award 2012 for ‘Customer Experience Management’ in the region, which was held in Abu Dhabi, UAE and was also a finalist in Excellence in Customer Experience at the 2012 Financial World Innovation Awards held in London, UK.

The company’s Compliance Officer, Muhammad Babar was also joint winner of the Compliance Officer of the Year award during the Allied Compliance Consultant (ACC) 4th Annual International GRC & Financial Crimes Conference in Dubai during 2012.

These awards are testament to the unrelenting emphasis which Abu Dhabi Finance places on Customer Service and in supporting and developing a team of talented individuals who focus on assisting the company achieve its strategic objective.

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Tuesday, January 29- 2013 @ 12:48 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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