NEWS

BBK offers Mortgage Loans for Al Saya land plots

24 Nov 2024

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Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has entered a partnership with SAYACORP AQAR, the fully owned real estate and property development subsidiary of Sayacorp B.S.C. (c).

This collaboration aims to offer BBK customers mortgage solutions featuring competitive benefits and facilities, designed to support those looking to invest in or own land plots within the Al Saya Bay project.

Through this partnership, BBK customers will gain access to exclusive financing options, including attractive interest rates and flexible repayment plans, ensuring a seamless borrowing experience.

Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, commented: “We are delighted to partner with SAYACORP AQAR to offer tailored financing solutions that empower our customers to own residential units in this exceptional development. The Al Saya Bay project is a valuable addition to Bahrain’s real estate market, and we are proud to support our clients in making their aspirations a reality.”

“Our partnership with SAYACORP AQAR highlights BBK’s dedication to offering innovative real estate financing that meets the varied needs of our customers. This collaboration supports the growth of Bahrain’s real estate sector and aligns with the Kingdom’s vision for sustainable development. We remain committed to helping our clients realize their dream of owning homes in Bahrain’s most desirable locations, cementing our role as a reliable partner in real estate investment.”

Mr. Fawaz Al Jowder, Chief Executive Officer of SAYACORP AQAR, stated that the partnership with BBK will create new opportunities for customers interested in owning and investing in the Al Saya Bay project, and highlighted that this collaboration enables customers to access exclusive financing facilities and innovative financial services from BBK, thereby enhancing the project’s investment appeal.

Mr. Al Jowder further added: “We are dedicated to offering the best investment opportunities, and this partnership with BBK reflects our shared vision of fulfilling investors’ aspirations. By providing added value and supporting their journey toward ownership and investment, we position Al Saya Bay as a premier destination in the Kingdom.”

Al Saya Bay project is one of Bahrain’s most promising real estate developments. Located in Al Saya district, Muharraq, with connection to Bahrain Bay via the New Bridge connecting Muharraq and Manama, this project boasts a prime waterfront location with convenient access to Bahrain International Airport and direct connectivity to major highways, including the King Fahd Causeway to Saudi Arabia.

Al Saya Bay project offers residential seafront plots directly connected to the mainland, ensuring uninterrupted, panoramic sea views. This unique feature enhances its appeal as a desirable residential destination.

The development features Special Project Residential plots that offer residents the privacy of a self-contained community while ensuring swift access to key destinations across the Kingdom.

It is noteworthy that interested customers can book their land plots from SAYACORP AQAR directly, or at the BBK Cityscape stand from 26 to 30 November.

Customers are also encouraged to contact 17207774 or visit any of our branches for additional details.

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