NBB Finances the First Plot in Al Msayyan Project under ‘Mazaya 2.0’ Social Housing Product

NBB Finances the First Plot in Al Msayyan Project under ‘Mazaya 2.0’ Social Housing Product

The National Bank of Bahrain (NBB) has announced financing the first plot in Al Msayyan Project, under the social housing financing product, Mazaya 2.0 Finance. In collaboration with the Ministry of Housing & Urban Planning, and Eskan Bank, NBB ensured providing a smooth and fast processing to the beneficiary as part of the new housing finance programme.

Commenting on the occasion, Dr. Khalid Abdulla, General Manager of Eskan Bank, said: “We are pleased to be witnessing the successful outcome of our latest products, Mazaya 2.0 Finance, which aims to increase the number of beneficiaries benefiting from the array of financing solutions across the Kingdom. Our continued partnership with banks has enabled us to fulfil the diverse housing requirements of our citizens through the variety of social housing products offered.”

He added: “The “AlMsayyan” project is located in the heart of Diyar Al Muharraq and it considered as one of the distinguished projects that were launched in the real estate exhibition that took place in Bahrain City Centre, the project was offered exclusively to the new social housing products, Tas’heel and Mazaya 2.0 Finance. Beneficiaries can opt for the new social housing products either from Eskan Bank or from one of the participating