26/05/2016 05:06 AST

LBC Express, Philippines' leading courier and cargo solutions provider, has partnered with FGB, one of the UAE's leading financial institutions, to offer its customers an instalment payment scheme at zero per cent interest for cargo services. This programme is the first of its kind in the UAE.

LBC's vice-president for the Middle East, Mark Agalo-os, said: "We are proud to announce our tie-up with FGB, allowing customers to settle cargo services in easy instalment payments using their FGB credit cards."

The instalment payment scheme is available for sea cargo, air cargo, Express Air and rest of the world services. UAE residents can take advantage of this service to send packages to 236 destinations across the globe.

Girish Advani, head of Personal Banking, FGB, said: "As part of FGB's commitment to provide the best innovative products and services to our customers, it is a privilege to collaborate with LBC Express to offer an accessible payment scheme for cargo services for all UAE residents. This innovative product, which is the first of its kind in the UAE, provides customers with convenient payment terms for courier services based on their preferred instalment plan."

"As we continue to present better user experiences, consumers of this service also have the added advantage of a simple fee structure, enabling them to send packages to families and loved ones without having to worry about making an upfront payment," Advani added.

Customers can choose to pay within three, six, nine or 12 months. "Our valued clients can send as many packages and parcels, as well as choose from any of the monthly payment options for a minimum requirement of AED 150. It is like easily sending cargo for less than Dh15 per month up to 12-month instalment," Agalo-os said.

FGB credit card customers can now redeem their earned reward points against LBC discount vouchers as part of the FGB Rewards programme.

"LBC Express has always been a customer-centric organisation and working to offer UAE residents world-class services along with best industry rates. Our new scheme makes our proposition far more exciting," Agalo-os added.

LBC Express has presence in over 25 countries worldwide including the Middle East. The region contributes more than 25 per cent of the retail international business, attributing close to half of the sales from the UAE. The company covers five countries and operates nine branches in the region, including three in the UAE, three in Kingdom of Saudi Arabia, one in Kuwait, one in Qatar and one in Bahrain, in addition to an agent network base in 1,000 locations throughout Gulf Cooperation Council countries.


Khaleej Times

FGB shares to be delisted on Thursday ahead of merger with NBAD

30/03/2017

The Abu Dhabi lender FGB will have its shares delisted from the stock exchange today ahead of its merger with National Bank of Abu Dhabi (NBAD).

Shares in the new entity, which retains the

The National

FGB, NBAD merger will lead to a stronger financial institution, FGB

01/03/2017

The merger of First Gulf Bank (FGB) with National Bank of Abu Dhabi (NBAD) will lead to a stronger financial institution that can compete at the international level and capture trade that is coming t

Gulf News

FGB, NBAD merger will lead to a stronger financial institution

01/03/2017

The merger of First Gulf Bank (FGB) with National Bank of Abu Dhabi (NBAD) will lead to a stronger financial institution that can compete at the international level and capture trade that is coming t

Gulfnews

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
DARALARKAN 13.47 74,648,349
FGB Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
GLOBAL 0.00 0.00 (0.00%)
AINV 0.00 0.00 (0.00%)
MARIN 0.00 0.00 (0.00%)
TII 0.00 0.00 (0.00%)
IIC 0.00 0.00 (0.00%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News