National Bank of Dubai has launched NBD Tas-heel Loans, providing business finance to UAE Nationals.

The launch compliments NBD's extensive suite of retail lending products while adding support to UAE Nationals by providing innovative financial solutions.

Loans of up to Dh1 million ($0.277 million) are available to UAE nationals to re-invest in an existing business or finance new business activity. The repayment period is up to 10 years.

'NBD Tas-heel Loans is yet another value-added product we are proud to provide to our UAE National customers,' said group head retail banking at National Bank of Dubai Suvo Sarkar.

'NBD is already one of leading providers of financial solutions to individuals, and we have recently been awarded the Asian Banker 'Best Retail Bank in UAE' Award. This launch is a logical product extension to our suite of retail finance products that includes home loans, office loans, personal loans, auto loans and credit cards,' he added.

NBD Tas-heel Loans are financial solutions for UAE Nationals who possess a source of business related-activities-income and salary. The purpose of the loan is financing of business activities.

To obtain more information, customers can call the NBD Call Centre on 04 3100222; alternatively they can visit any NBD branch.Trade Arabia News Service