The National Bank of Bahrain (NBB) recently launched a mortgage offering weaving into it Environmental, Social and Governance (ESG), to give customers the option to combine solar financing as part of their mortgage.

 

The financing programme is the first of its kind in the kingdom, empowering property buyers to enjoy a sustainable lifestyle, while simultaneously benefitting from competitive interest rates and flexible repayment terms.

 

Subah Abdullatif Al Zayani, Chief Executive - Retail Banking at NBB, said: “We consistently strive to provide our customers with innovative & affordable home financing solutions and enable savings on monthly electricity bills. Our integrated mortgage and solar finance package reflects our dedication to sustainability while ensuring accessible financial services for our valued customers.”

 

The package also offers prospective buyers a swift approval process, a maximum tenure period of 30 years, and a grace period of up to 6 months. Additionally, by generating their own solar power, property owners can enjoy significant savings on monthly electricity bills.--TradeArabia News Service