NBB announces the launch of its Education Finance programme

  • Date: 06-Jan-2022
  • Source: Bizbahrain
  • Sector:Education
  • Country:Bahrain
  • Who else needs to know?

NBB announces the launch of its Education Finance programme

The National Bank of Bahrain B.S.C. (NBB) recently launched its Education Finance Programme, a financing solution aimed to provide individuals with an array of choices that cover the financial expenses of various academic levels, from kindergarten up to higher education, including professional certificates, at preferential rates. As part of the bank’s commitment to providing the best range of products and services to its clients, the Education Finance Programme will allow customers to experience a seamless and quick approval process with preferential interest rates, and will include a tenor of up to 7 years with no processing fees and no insurance fees. NBB’s newest product is part of the bank’s ongoing endeavours towards social responsibility, and serves a larger purpose beyond being a simple financing solution. It is designed to pave the way for eligible high-performing students, presenting potential recruitment opportunities that include internship roles at NBB. Moreover, the bank aims to establish value-added partnerships with vocational institutes in the Kingdom to provide customers with unique job experience options. Commenting on the launch, Subah Abdullatif Al Zayani, Chief Executive Retail Banking at NBB, said: “We are pleased to be launching the Education Finance Programme, which supports parents and individuals who would