Nissan Egypt Launches Financing Program in Collaboration with Abu Dhabi Islamic Bank – Egypt
Nissan Egypt Launches Financing Program in Collaboration with Abu Dhabi Islamic Bank – Egypt
Nissan Egypt has announced the launch of its financial programs in partnership with Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt).
This collaboration, formalized through a cooperation agreement between the two entities, aims to provide tailored financing solutions for both individuals and companies.
The signing ceremony was attended by executives from both Nissan Egypt and ADIB-Egypt, highlighting the significance of this strategic partnership.
Under this agreement, customers can access exclusive financing offers for purchasing Nissan models through authorized dealers.
The financing plans, provided by ADIB-Egypt, include a range of distinctive benefits.
These offers are specifically designed to finance the purchase of Nissan’s popular models, the “Nissan Sentra” and “Nissan Sunny.” Customers will benefit from an exemption from administrative and vehicle registration fees, along with a complimentary insurance policy and a free fuel package.
Mohamed Abdel Samad, Managing Director of Nissan Egypt, emphasized that this partnership with ADIB-Egypt marks the beginning of a series of Nissan financial services aimed at facilitating car purchases. 
He highlighted that this initiative follows Nissan’s strong performance in the Egyptian market, where it has consistently led in car sales.
Abdel Samad attributed this success to the trust customers have in Nissan vehicles and
services, as well as the efforts of Nissan’s partners, which have positioned the brand as the preferred choice for a broad customer base.
Mohamed Ali, CEO and Managing Director of Abu Dhabi Islamic Bank – Egypt, noted that ADIB-Egypt is a pioneer in Islamic banking in the country. The bank is committed to offering innovative financial products and solutions that align with Sharia principles.
Ali also pointed out that the bank’s strategic vision focuses on forming partnerships with leading institutions to meet customers’ needs through creative financial solutions.
Ali further explained that ADIB-Egypt will serve as the primary financier for Nissan’s financing programs in Egypt. He stressed the bank’s long standing leadership in car financing, guided by Islamic Sharia principles, and its dedication to providing the best financing solutions in the market.
Sherif El-Desouki, Managing Director of Nissan Africa, highlighted Nissan’s unique industrial presence in Africa, with Egypt serving as a regional hub for the production of Nissan passenger cars across the continent. He expressed Nissan’s commitment to continuing its expansion in production and sales, facilitated by successful partnerships such as the one with ADIB-Egypt, which aims to offer easy and accessible financing options to customers.
Amr Sanad, Head of the Retail Banking Sector at ADIB-Egypt, stated that this agreement aligns with the bank’s strategy to expand its car financing sector. The partnership with Nissan Egypt, a leading company in car manufacturing and assembly, reflects the bank’s goal to collaborate with major industry players to enhance its retail banking offerings.
This agreement is a key component of Nissan Egypt’s broader strategy to expand its services, meet the diverse needs of its customers, and reach new market segments in Egypt.
By strengthening its cooperation with ADIB-Egypt, Nissan Egypt aims to provide innovative and convenient financing solutions that cater to a wide range of customers.
