TBI VS (Sardar Trading Agency(STA)) Agreement

A cooperation agreement has been signed between the TRADE BANK of IRAQ (TBI) and agent of Jaguar Land Rover – Sardar Trading Agency(STA).

Iraq – Baghdad

In line with the vision of the bank’s management and its plan to support the private sector and provide the customers with exceptional services, Trade Bank of Iraq signed a new Sayaraty agreement with Sardar Trading Agency(STA).

The event occurred on July 29, 2018, it is part of “Sayaraty” loan project launched by TBI which aims to provide the employees whom their salaries are domiciled by TBI and are wishing to buy Jaguar Land Rover vehicles with convenient installments. The value of the loan is up to IQD 60 million. While Sardar Trading Agency handles Jaguar Land Rover Sales to citizens borrowing through TBI, the company also provides a service centers and original parts in Iraq’s provinces for after-sales service. Jaguar Land Rover manufactures also provides five years’ warranty in addition to five-year maintenance plan. The agreement was signed by Mr. Fuad Al-Wakeel Assistant president and Mr. Abd Al Hameed Awad General Agent of Sardar Group and Mr. Ranajit Sinkopta, General Manager of Sardar Trading Agency in Iraq.

Mr. Faisal Al-Haimus, President of TBI said that our Bank continues to provide the best services to its customers by launching new projects and products. Mr. Ranajit Sinkopta, said: we are very pleased with this partnership with TBI which is considered one of the leading banks in Iraq.

Project financing is subject to the Terms & Conditions of “Sayaraty” product of Trade Bank of Iraq.