Mubasher: BBK has signed a memorandum of understanding (MoU) with Naseej to launch a strategic partnership agreement through which BBK will provide mortgage financing to the customers of the Canal View project, which is located in Dilmunia Island.
Bahrain’s pioneer in retail and commercial banking, BBK, will be considered as the end user funding partner by the project’s customers who require funding in the form of mortgage loans, according to a press release.
Naseej is one of the leading real estate developers in Bahrain, offering a range of products to property purchasers both in Bahrain and the GCC.
Deputy CEO of BBK Mohammed Malik said: “Our aim is to provide our customers with the best of services and with that, we are delighted to enter into this strategic partnership with Naseej, a leading property developer in Bahrain which has been in the business of developing contemporary residential solutions which our customers can benefit from.”
General manager of Naseej Ahmed Al Hammadi commented, “Our main goal is to provide the best residential solutions at affordable prices for those who wish to own a property in the Canal View project.