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Arab Bank Launches Products for Doctors

The multinational Arab Bank has launched a banking package in Saudi Arabia tailored to doctors’ banking requirements. The new package — “Tabeeb Plus” — will provide medical professionals a personalized banking experience and preferential banking benefits, Zawya reported Monday (Aug. 29).

The Tabeeb Plus package includes a range of accounts and will be complemented by Arab Bank’s cross-border banking scheme Arabi Cross-Border, and the bank’s online banking tools.

The package includes credit options with preferential benefits and interest rates. For example, doctors will be offered pre-approved auto and personal loans while clinic owners will be able to access mortgages through the package.

Doctors will also enjoy exclusive benefits through the bank’s credit cards and get free access to airport lounges around the world as well as life and total disability insurance within the “Elite” and “Arabi Premium” programs.

“The launch of the ‘Tabeeb Plus’ package comes as part of Arab Bank’s continuous efforts to provide distinguished and personalized services to different segments, particularly doctors in appreciation of their relentless efforts and humanitarian role,” said Odeh Al-Masri, head of Consumer Banking at Arab Bank, Bahrain, as reported in Zawya.

“By offering the ‘Tabeeb Plus’ package, we aim not only to meet the banking needs of doctors, but also to provide them with preferential and exclusive benefits and banking solutions through our network spread across the Middle East region.”

The latest announcement from Arab Bank follows news that the Healthcare-focused FinTech Nitra has launched a Visa Business card for physicians.

Also see: Healthcare FinTech Nitra Raises $62M, Launches Visa Business Card

As PYMNTS has reported, the Nitra card will allow doctors to earn rewards on common expenditures. It will also provide them with software for spend management, business analytics and reconciliation.

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