Kuwait Finance House – Bahrain signs an MoU with Eskan Bank to launch Financing Solutions for new Housing schemes

Kuwait Finance House – Bahrain signs an MoU with Eskan Bank to launch Financing Solutions for new Housing schemes

Kuwait Finance House – Bahrain has signed a Memorandum of Understanding (MoU) with Eskan Bank to offer financing solutions for eligible Bahraini citizens as part of the new housing financing schemes Tas’heel and the additional new Mazaya. The signing ceremony was held on the 3rd of October 2022 at Eskan Bank’s headquarters in the presence of Dr. Khalid Abdulla, General Manager of Eskan Bank, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, in addition to officials from both entities.

Commenting on the occasion, Dr. Khalid Abdulla, General Manager of Eskan Bank, commented: “Eskan Bank is moving towards implementing a strategic plan that seeks to provide solutions and opportunities that will accelerate and facilitate citizens’ access to suitable financing and achieve their housing ambitions. Tas’heel and additional new Mazaya schemes are in line with the Ministry of Housing and Urban Planning and Eskan Bank’s directives to partner with the private sector including banks, real estate developers and more. We commend KFH – Bahrain for their swift response in undertaking this initiative and look forward to conducting future partnerships with them with more opportunities contributing towards addressing housing issues and meeting the needs of citizens.”

Mr. Abdulhakeem Alkhayyat, Managing Director and