BBK announces Mortgage offers for Al Thuraya Villas

18 Sep 2024

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has forged a strategic partnership with Al-Kobaisi Group to introduce a special Mortgage Loan offering attractive benefits and terms.

This exclusive opportunity is available to customers interested in acquiring property within Al Thuraya Villas, a premier development by Al-Kobaisi Group situated in Diyar Al Muharraq.

This partnership offers exclusive advantages such as reduced and competitive interest rates, flexible down payment options, extended repayment periods, and swift loan approval through expedited and seamless procedures.

Mr. Ahmed Taqi, General Manager of Retail Banking Division at BBK, stated: “We are delighted to announce our new partnership with Al-Kobaisi Group, which will enable our valued customers to access streamlined real estate financing solutions tailored to their needs and aspirations.”

“This collaboration facilitates the acquisition of residential units in the distinguished Thuraya project, a standout development project that enhances Bahrain’s modern urban landscape. We are committed to fulfilling our promise of helping customers achieve home ownership with ease.”

Mr. Taqi affirmed that BBK is dedicated to delivering real estate solutions that meet a wide range of needs and preferences, reinforcing the Bank’s role as the preferred financial partner for both real estate developers and buyers. The Bank’s strategic partnerships are designed to provide exceptional housing options and promote seamless integration between the banking and real-estate sectors. Customers interested in residing or investing in Thuraya Villas are encouraged to apply for this advantageous loan opportunity.

Mr. Abdulla Al Kobaisi, Managing Director of Al-Kobaisi Group, commented: “We are proud to partner with BBK, one of the oldest banks in the Kingdom. This collaboration underscores our shared commitment to enhancing the quality of life for both citizens and residents by offering accessible real estate loans in conjunction with various residential projects.”

The project comprises of 30 villas, each spanning between 315 to 572 square meters of land and 320 square meters of built-up area and meticulously constructed to the highest standards. These villas are distinguished by a modern design that harmonizes with the cultural values and traditions of Bahraini families. They offer premium features crafted to the latest standards, ensuring comfort and integrated relaxation for residents.

For more details, customers are encouraged to contact 17207779 or visit any of our branches.