BBK offers exclusive Mortgage financing for Al Saraya projects

21 Oct 2024

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has signed a strategic partnership with Al Saraya Properties to offer exclusive mortgage loan packages, tailored for BBK customers seeking to purchase properties across Al Saraya’s prestigious developments. These include Al Reem 2 villas in Saar, as well as The Views, Marsa Mansion, View Terrace, Dragon, The Peak, and Orca villas in Amwaj Islands.

Through this partnership, BBK customers can take advantage of competitive interest rates, flexible down payment plans, and streamlined loan approval processes, providing a seamless and efficient pathway to property ownership.

Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, stated: “We are pleased to collaborate with Al Saraya Properties to offer our valued customers affordable real estate financing that aligns with their aspirations. This initiative enables them to own premium residential units within Saraya’s prestigious projects, known for their elegance, luxury, and modern amenities, which contribute to the upscale urban landscape of the Kingdom of Bahrain.”

“Our top priority is to ensure that our customers have access to quality housing. With this in mind, we are offering competitive financing options to make homeownership more attainable. Our exclusive real estate offers provide attractive opportunities for customers to purchase high-quality homes on excellent terms.”

Mr. Saud Kanoo, Chairman of Al Saraya Properties, commented: “At Al Saraya Properties, we are dedicated to helping families realize their dream of owning their dream homes. Our strategic partnership with BBK reflects this commitment and supports our ongoing efforts to enhance the quality of life through accessible mortgage solutions in collaboration with financial institutions.”

Furthermore, Mr. Kanoo emphasized the significance of the strategic partnership between Al Saraya Proprieties and BBK, which will create exceptional financing opportunities for buyers interested in the company’s modern residential developments, and expressed confidence that this joint offer will resonate with BBK customers seeking luxury properties.

Established in 1999, Al Saraya Properties is a leading developer specializing in land development and real estate construction. The company operates as a contractor for residential properties, engages in buying and selling land, real estate development, as well as property management, maintenance, and leasing. With an investment portfolio valued at BD 213 million, Al Saraya has solidified its reputation in urban development, delivering 1,628 housing units across various designs and specifications.

Customers interested in securing a loan and purchasing luxurious villas or apartments in Al Saraya’s projects can contact 17207774 or visit any BBK branch.