BBK Partners with Carlton Real Estate for Exclusive Mortgage Offers

03 Sep 2024

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has signed an exclusive partnership agreement with Carlton Real Estate, one of the Kingdom’s premier real estate companies, to provide mortgage loans for customers interested in purchasing residential units offered by Carlton Real estate.

These financing options, available to all BBK’s customers, including Bahraini nationals and GCC residents, come with numerous advantages such as flexible downpayment options and repayment periods, expedited approval processes, competitive interest rates, and other applicable terms and conditions.

Ahmed Taqi, General Manager of Retail Banking at BBK, commented, “We are pleased to announce our partnership with Carlton Real Estate, which further solidifies our long-standing collaboration with key real estate institutions. Through this partnership, BBK aims to enhance its real estate financing solutions, empowering our customers to purchase and own their homes, thereby promoting family stability and well-being.”

Taqi added, “We are dedicated to empowering our customers to achieve their financial aspirations. This commitment drives our initiatives, offers, and partnerships.  We’re excited to continue offering accessible mortgage solutions, aligning with our strategy to support national goals by enabling homeownership. This reflects BBK’s ongoing effort to provide a wide range of financial solutions tailored to our customers’ needs.”

Adnan Mahmood, Managing Director of Carlton Real Estate, expressed his pleasure in partnering with BBK, praising the Bank’s steadfast commitment to providing top-tier real estate financing solutions, and said, “This strategic alliance will offer crucial support to BBK customers looking to acquire properties, reflecting the company’s dedication to prioritizing customer aspirations in all its development and construction efforts.”

Mahmood also conveyed his confidence that these collaborative efforts with leading financial institutions in the Kingdom will empower customers by offering them a diverse range of optimal housing solutions, complemented by attractive benefits.