BBK unveils an exceptional array of Mortgage solutions at the Housing Finance Exhibition

08 Feb 2024

Bank of Bahrain and Kuwait (BBK), the leading retail and commercial bank in Bahrain, has announced its participation in the third edition of the “Housing Finance Exhibition.”

This event, organized by the Ministry of Housing and Urban Planning in collaboration with Eskan Bank, is set to take place from 8 to 17 February at City Center Bahrain and will feature numerous real estate firms.

BBK will unveil an exclusive array of mortgage financing solutions at its stand during the exhibition. The showcased mortgage options will offer customers a host of benefits, such as additional financing for furnishings and other property-related needs, reaching up to 115% of the property value.

The Bank will also provide cash rewards of BD 1,000 deposited with the loan, along with exclusive and competitive interest rates. Furthermore, customers can benefit from the flexibility of deferring the first installment for an additional financing period ranging from 6 to 12 months. BBK is also offering the option to finance the entire property without requiring a down payment for property purchase.

As part of its participation, BBK will actively promote its exclusive offerings for customers interested in applying for all government housing finance programs. This is in alignment with the Bank’s commitment to supporting housing initiatives associated with the Ministry of Housing and Urban Planning and Eskan Bank.

Ahmed Taqi, General Manager of Retail Banking at BBK, expressed enthusiasm about the Bank’s third participation in the Housing Finance Exhibition. He emphasized the significance of contributing to housing initiatives and providing citizens with suitable financing solutions.

The aim is to ensure lifelong homes for customers by utilizing BBK’s distinctive mortgages and solutions, coupled with promotions from various housing programs. Taqi emphasized that this is part of the Bank’s social responsibility to support a wider customer base, and said:

“Our participation highlights our dedication to offering customers competitive financing solutions tailored to their evolving needs and aspirations for diverse real estate units, to achieve this, we’re deploying a dedicated team of Mortgage Finance advisors at the exhibition. Its role is to introduce potential customers to our financing options, guiding them to identify solutions precisely aligned with their requirements and financial capabilities.”

Taqi added: “Moving forward, we remain steadfast in our efforts to bolster housing initiatives, contributing to the advancement of housing services for both citizens and residents.”