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BBK and Union Real Estate partner to deliver special Mortgage solutions
Bank of Bahrain and Kuwait (BBK), a leading retail and commercial bank in
Bahrain, has entered a strategic partnership with Union Real Estate to provide
innovative mortgage financing solutions tailored to meet the diverse needs of
prospective property owners.
This collaboration enables BBK customers to benefit from a range of exclusive
advantages, including competitive interest rates, flexible loan tenor and
downpayment options.
Through this partnership, eligible Bahraini customers can also access financing
for property purchases under the “Tas’heel”, “Mazaya” and “New Mazaya”
programs. The initiative reflects BBK’s commitment to placing customers’
housing needs at the forefront by offering a streamlined and supportive
financing framework that facilitates property ownership with optimal benefits
and ease.
Mr. Ahmed Taqi, General Manager of Retail Banking at BBK said, “We are
pleased to formalize this strategic partnership with Union Real Estate, which
now joins our growing network of trusted real estate partners. Together, we
aim to offer exceptional opportunities for our customers to secure property
financing through highly flexible terms and competitive rates.”
Mr. Taqi added: “This initiative aligns with BBK’s long-standing efforts to
support access to suitable housing for both citizens and residents. This latest
partnership marks another milestone in our ongoing mission to address the
varied housing needs of individuals across the Kingdom of Bahrain. We remain
committed to playing an active role in the development of the real estate
sector, an essential pillar of the national economy.”
“This partnership with BBK, Bahrain's banking sector leader, reflects our shared
vision of removing barriers to homeownership,” commented Union Real
Estate's General Manager, Mr. Ahmed Mansoor. “BBK customers will now
access groundbreaking financing solutions that make our properties attainable to a
broader demographic. We’re particularly excited to unveil additional mortgage
offerings at the Social Housing Innovation Conference and Exhibition. At Union
Real Estate, we remain committed to developing comprehensive real estate
projects that drive economic growth, while collaborating with banking partners
to deliver solutions that meet Bahraini community expectations and keep pace
with sector evolution.”
Find out more about BBK: https://www.bbkonline.com/
