BBK launches Mortgage financing solutions through the Baity platform

20 Aug 2024

Bank of Bahrain and Kuwait (BBK), Bahrain’s leading retail and commercial bank, has announced that it is offering a new array of exclusive offers of mortgage financing solutions through the “Baity” platform. This is through a partnership agreement with Eskan Bank to boost the strategic relationship between the two entities and to provide financing to eligible Bahrainis to benefit from the various housing finance programs.

Ahmed Taqi, General Manager of Retail Banking at BBK, commented: “We are pleased to launch our latest mortgage offerings via the ‘Baity’ platform. This initiative is a testament to our commitment to providing essential financing solutions to our valued customers, enabling them to realize their aspirations of owning their dream homes. We take pride in our continued partnership with Eskan Bank and the Ministry of Housing and Urban Planning, offering a diverse range of financing options to our clientele. Moreover, we are dedicated to providing comprehensive support to all individuals through our team of expert advisors throughout the application process.”

“Through this partnership with ‘Baity’, our aim is to enhance the reach of our financial services to all, ensuring accessibility and convenience for everyone. This underscores our commitment to providing our customers with competitive financing solutions that align with and meet their needs and aspirations for acquiring various properties they aspire to own. We are determined to continue our supportive efforts towards housing initiatives, ensuring the development of housing services offered to citizens and residents.” Taqi further added.

For his part, Abdulla Talib, General Manager of Eskan Bank said: “We are thrilled to embark on this partnership with BBK which marks a significant milestone in our mission to deliver exceptional financing services. It will enable us to leverage combined strengths and provide our customers with enhanced financing solutions.”

Talib also added that the Bank, through the Baity platform, will enable its customers to find the home of their dreams and obtain flexible financing, through one of the various housing finance solutions it offers.

The “Baity” platform serves as Bahrain’s digital property advisor, showcasing over 10,000 properties and key housing projects listed by partnered agencies and developers. These offerings are accessible to individuals through the financing programs of the Ministry of Housing and Urban Planning and partner banks.