Leading Bahraini bank Eskan has announced that it has signed an agreement with The National Bank of Bahrain (NBB) to finance eligible citizens for the new housing finance schemes.

 

The agreement will include financing options for citizens who would like to benefit from the new housing financing schemes such as Tas’heel which features three financing options – Tas’heel Aqari, Tas’heel Al Bait Al Oud and Tas’heel Ta’awon - as well as the new category of Mazaya along with the previous version one, said a statement from Eskan.

 

The agreement was signed at Eskan Bank in the presence of Dr Khalid Abdulla, General Manager of Eskan Bank and Subah Abdullatif Al Zayani, Chief Executive- Retail Banking at NBB, alongside executives from both entities.

 

Dr Abdulla said Eskan has maintained its successful partnership with NBB, a leading financing institution in the Kingdom, as the group continues to elevate the quality of its services with the aim to meet the housing demands of Bahraini citizens. 

 

"Through our collaboration with the various private sector and financial institutions in the Kingdom, we are able to provide a variety of housing options to fit the needs of different segments of our beneficiaries," he noted.

 

Al Zayani said: "We are pleased to continue our journey with the Ministry of Housing and Urban Planning and Eskan Bank in providing innovative housing solutions for Bahraini nationals. Both Tas’heel and Mazaya finances are key contributors to our sustainable financing portfolio, and in-line with our ESG commitments."

 

"Our teams are well prepared to extend financial advisory services to prospective clients who will make use of the recently launched schemes," he added.-TradeArabia News Service