Bahrain – The National Bank of Bahrain (NBB) has announced the signing of a Memorandum of Understanding (MoU) with Al Janabiya Gate Real Estate to offer exclusive financing solutions for potential buyers interested in the company’s prominent residential properties in the kingdom.
As part of this agreement, buyers will enjoy a six-month grace period and exclusive interest rates when purchasing properties at Al Janabiya Gate. Additionally, NBB will present a special gift to the initial 20 buyers.
The financing package includes a flexible tenor period of up to 30 years, coupled with an efficient approval process for mortgage financing, according to the statement.
Expressing the significance of this collaboration, Subah Abdullatif AlZayani, Chief Executive of Retail Banking, stated, “This strategic partnership with Al Janabiya Gate Real Estate exemplifies NBB’s unwavering commitment to fostering collaborative growth within Bahrain’s real estate sector.”