NBB to provide mortgage financing solutions for Danaat Al Lawzi project

NBB to provide mortgage financing solutions for Danaat Al Lawzi project

The National Bank of Bahrain (NBB) has signed a partnership agreement with Eskan Bank to provide NBB customers with tailored mortgage financing solutions to Eskan Bank's latest project, ‘Danaat Al Lawzi', located in Hamad Town. NBB offers a special mortgage solutions to its customers and candidates eligible for the Mazaya Scheme, as well as a number of exclusive deals with no valuation or processing fees required, in addition to a BHD 500 voucher for the first 10 customers. With interest rates starting from 4% for the top up amount with a total coverage of up to BHD 120,000 and up to 25 years, faster approval processes, and competitive rates on primary and secondary mortgage loans, the Bank will facilitate financing on Danaat Al Lawzi project as part of its commitment to the Kingdom's vision of providing housing solutions to its citizens. Minister of Housing and Chairman of Eskan Bank, His Excellency Eng. Basem Bin Yaqoub Al-Hamar, commented: “It gives us great pleasure to extend our appreciation to the National Bank of Bahrain along with our partners in the banking sector for supporting our initiatives, which contribute towards enabling Bahraini beneficiaries of the Mazaya scheme to obtain easy financing