Banking like a Boss

If you’ve ever been working in the Middle East, chances are that you’ve been contacted by a bank regarding some lucrative deals that are available for a “limited time only“. I know, I’ve been there too. The reason why most people are afraid to sign up for these offers are because banks are rarely upfront, and we fear the consequences of the “fine print“.

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford

This is the way in which banks have always operated and it isn’t going to change. However, understanding how these offerings work will enable you to pick and benefit from the one that’s most suited to your needs.

Enter Souqalmal.com, a website that offers  comparisons between products offered by leading  financial institutions in the region.  Their comprehensive database of credit cards, loans, bank accounts and their most recent foray into education, enables them to highlights the pro’s and con’s of each of the listed products. If this wasn’t enough, you can go through the user reviews posted at the bottom of the page, saving you the trouble of approaching multiple vendors and skimming through all that fine print!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s