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Galadari Brothers, JCB and ADCB announce launch of JCB Finance in UAE
(Staff Report) / 2 April 2013
Galadari Brothers Co LLC (GB) and its subsidiary have formed a strategic alliance with J C Bamford Excavators Limited (JCB) and Abu Dhabi Commercial Bank (ADCB) to offer new finance products and services under the JCB Finance brand.
The JCB Finance programme offered through ADCB will be available to JCB equipment users throughout the UAE region supported by the GB subsidiary, which is the exclusive dealer of JCB products in the UAE for more than 30 years.
Robert Winter, director of JCB Finance Global Operations, stated, “The combination of Galadari Brothers and its subsidiary, with its strong customer focus and outstanding service pedigree, together with the extensive capabilities and excellent market reputation of ADCB, make this an exciting development for all of us. Extending the reach of JCB Finance into the UAE is a key factor in supporting our ambitious growth plans for the years ahead.”
Khalid Abd El Wahab, JCB division manager of the GB subsidiary, added, “The introduction of JCB Finance in the UAE is the continuation of the successful partnership between Galadari Brothers, its subsidiary, and JCB established in 1978. Based on our growth plan for the UAE market, customer satisfaction is our main target to achieve our plan. We believe that the introduction of JCB Finance will be an additional tool for offering a complete package to our customers and meet the current market demand. With strong professional back up from JCB and the outstanding reputation of ADCB in the UAE, the success of JCB Finance is imminent.”
Nilanjin Ray, head of Business Banking Division, ADCB, said, “ADCB has always been a pioneer in business banking. Our products and services reflect our long standing commitment to the SME community across the UAE. This partnership among ADCB, JCB and Galadari Brothers and its subsidiary, is very important to us since we feel that it is critical to support the commercial equipment and vehicles segment of the market. We are sure that this partnership will leverage the relative strengths of all the three partners to deliver a best in class financing solution on JCB equipment.”
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