The Saudi British Bank (SABB) and Hamad A. Al-Essa & Sons Co. have concluded an agreement whereby customers at Al-Essa showrooms will be able to avail themselves of an innovative, Amanah Shariah-compliant consumer finance product from SABB. Saud Al-Essa, group MD, Al-Essa Group, and SABB Deputy MD Sulaiman Al-Hamdan signed the accord recently. “The EasyBuy Plan from SABB will allow all customers, Saudis and non Saudis, to apply for and receive a decision on an installment plan for consumer electronics and home appliances within minutes, which will allow customers to buy products that better suit their needs and offers an easy and convenient extended payment option,” Saud Al-Essa said. Sulaiman Al-Hamdan added: “The system developed for the EasyBuy Plan is the first such in the Kingdom. This system utilizes real-time links not just to SABB’s systems and servers, but also to the Saudi Credit Bureau and the retailer’s technology infrastructure, offering rapid scalability. Furthermore, the design, development and deployment of the system were managed by SABB’s own IT and Business Support Systems teams.” Al-Essa is one of the leading manufacturers of air-conditioning and refrigeration appliances, as well as a representative of major home appliances brands such as Hitachi, Gibson, Crafft and HAAS.