NBB offers housing finance

The National Bank of Bahrain (NBB) is participating in the second Housing Finance Exhibition, hosted and organised by the Housing and Urban Planning Ministry in collaboration with Eskan Bank.

Taking place in City Centre Bahrain, the 10-day event ends on June 24.

NBB is providing financing solutions for prospective customers while 19 developers and housing agents from across the kingdom are showcasing and marketing properties.

Visitors to the exhibition will be able to explore different forms of financing and receive guidance from NBB representatives on; social finance, top-up finance and property finance.

Furthermore, prospective homeowners will be able to discuss attaining government-backed Tas’heel and Mazaya housing financing through NBB.

These financing options include competitive interest rate pricing, flexible repayment terms, amortised property registration fees, free fire insurance and property evaluation including finance up to 30 years.

The properties being sold form part of the wider Government Development Land Programme and include the Suhail Project, that consists of 132 stunning residential villas, designed and constructed to the very highest standards.

All the villas are listed at BD99,000, have three bedrooms and a smaller maid’s room.

NBB chief executive of retail banking Subah Al Zayani said: “Our longstanding partnership with the Housing and Urban Planning Ministry and Eskan Bank has enabled us to provide extensive support to Bahraini citizens looking to purchase the home of their dreams. As such, we are pleased to once again participate in the Housing Finance Exhibition and reaffirm our commitment to delivering competitive financing solutions that meet the needs of our growing customer base.”

Mohamed Raees, head of retail relationship management, said: “Our team of dedicated financial advisors is on hand to provide a range of options which will allow customers to identify financing solutions suited to their needs. The exhibition provides us with a great opportunity to connect with our clients and also tap into a new segment thanks to our competitive rates on mortgage finance, helping Bahrainis of all backgrounds to get a foothold on the property ladder.”


Source: https://www.gdnonline.com/Details/1254789/NBB-offers-housing-finance-


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