QIIB has launched a new offer for instant personal finance through its digital channels — QIIB Mobile and internet banking — with exceptional features including a competitive finance rate and a reward in Avios from Qatar Airways Privilege Club.By applying for this offer, which is valid until August 31 2022, QIIB Customers can obtain Instant Personal Finance via QIIB Mobile and Internet Banking. Each Customer will be granted a reward of 10,000 Avios by Qatar Airways Privilege Club for every QR50,000 worth of finance with a minimum of 4 Years Financing Period and its multiples and receive 10,000 Avios for every QR100,000 of Finance with a Financing Period between 2 Years to 4 Years and its multiples.Under the terms of the new offer, Customers who obtain Finance can benefit from a grace period of up to 12 months for Qatari Nationals and 3 months for Expatriates, calculated from the finance term. Upon satisfying the required standards and uploading the necessary documents to QIIB Mobile Banking or Internet Banking, the finance amount will be transferred to the Customer’s account in real-time. QIIB Chief Executive Officer Dr Abdulbasit Ahmed Al Shaibei, said, “We are pleased to launch a new personal finance offer through our Digital Channels in collaboration with Qatar Airways Privilege Club. This offer is in line with the Bank’s directions in promoting digital transformation culture and encouraging Customers to use digital channels, given their various benefits, including their ease and efficiency.“The Customers’ rising demand for QIIB Digital Channels is our driving force behind launching such offers. QIIB has put in place a high-performing digital infrastructure as part of executing a large part of the Bank’s digital transformation plan. Most of QIIB’s Services and Products are available through the digital platforms and some operations were completely digitalized in satisfaction of the Customers’ preferences who wish to execute such operations without the hassle of visiting the Bank’s Branches.“The QIIB Finance Offer meets the requirements of our Customers. It was launched after studying the market needs and monitoring the Customers aspirations to obtain Personal Finance with competitive features, flexible terms and a quick turnaround of Financing. In order to obtain the Personal Finance through our Digital Channels, the Customer who meets the conditions is only required to upload the necessary documents to QIIB Mobile or Internet Banking and the request will be processed in real-time. An instant text message will be sent to the Customer’s mobile phone stating that the required finance was obtained. The Customer may apply at any desired time around the clock without the need to be limited to the official working hours of a Branch.Qatar Airways Group Chief Executive Akbar Al Baker, said: “We are constantly striving to provide Privilege Club members with maximum benefits for being a part of our loyalty programme. Partnering with QIIB will provide our loyal customers with a convenient tool to collect 10,000 Avios when opting for finance of QR50,000 or QR100,000 depending on financing duration. This is another testament to our commitment of providing a world-class experience to local members, giving them more ways to earn and burn Avios in Qatar.”