Daimler Financial Services launches ‘Mercedes-Benz Finance’

Daimler Financial Services and BBK in collaboration with Al Haddad Motors have begun offering Mercedes-Benz branded financial services under the brand name ‘Mercedes-Benz Finance’. Customers in the Kingdom of Bahrain can now take advantage of attractive automotive financing available for Mercedes-Benz passenger cars.

Mercedes-Benz Finance offers products that are designed for customers who wish to buy a new or used Mercedes-Benz vehicle at competitive rates. 

BBK has been a pioneer in commercial banking for over 45 years in the Kingdom of Bahrain. As a revolutionary market leader, BBK has built a name and reputation which is respected locally as well as internationally.

Mr. Mohammed Malik, BBK’s GM Retail Banking said: “It is our pleasure to work with Daimler Financial Services in collaboration with our long standing partner, Al Haddad Motors. We are pleased to have been selected by Daimler Financial Services to partner with them and provide financing solutions for their products. Together, we aim to provide the best financing solutions and to support customers to own a Mercedes-Benz. Our partnership will make this dream a reality for people.”

With the new ‘Star Finance’ product customers can choose their down-payment and enjoy the ease of settling the remaining value through fixed monthly instalments throughout their preferred repayment period as per the approved local auto finance rules. To provide a one-stop approach to the customer, a Mercedes-Benz Finance representative will be in the showroom to advise the customer directly.

Al Haddad Motors is the authorized General Distributor for the entire range of Mercedes-Benz cars and commercial vehicles in the Kingdom of Bahrain. Graeme Newport, General Manager of Al Haddad Motors, said, ‘The ‘Mercedes-Benz Finance’ is a strategic step taken to ease the process of financing for the customer. With this collaboration between Al Haddad Motors and BBK, Al Haddad wants to aid the buying woes of the customer, leading to a peaceful purchase. By financing with Daimler Financial Services, the client will experience a smooth transaction with excellent service. Our association with BBK will make the customer interaction hassle-free.”

Daimler Financial Services Board Member Peter Henn, responsible for the Africa & Asia Pacific region said, “Millions of customers worldwide trust our products and services. Offering Mercedes-Benz branded products in the Kingdom of Bahrain is a significant milestone for us. With tailored financial products aimed at delighting customers, it’s our ambition to make the dream of driving a Mercedes-Benz come true for a greater number of people in the Kingdom of Bahrain.”

With offices in over 40 countries across the globe, Daimler Financial Services currently puts around 3.7 million vehicles on the road worldwide.  Through its innovative financial products and customer approach, Daimler Financial Services had a contract volume of EUR 117 bn at the end of 2015.