Saturday 8 August 2020

Officials at the signing ceremony in Manama.

BBK seals mortgage finance deal with Bahraini developer

MANAMA, December 4, 2018

Bahraini bank BBK said it has signed a strategic partnership deal with Era Projects, a major developer of residential projects, to provide mortgage financing for its Era View Tower in Hoora area of the kingdom.

Located along Al Fatih Highway right in the heart of Bahrain, The Era View Tower boasts two floors of premium facilities for modern and comfortable living of its tenants.

The key amenities include swimming pool, gyms for men and women, steam, bath, sauna, jogging path, squash court, indoor lucid area and a mini theater (Cinema Hall.)

As per the agreement, BBK will be providing mortgage financing services for the customers of Era View Tower.

"In our continuous efforts to provide our customers with the best services and facilitate the sale of the residential projects, we are pleased to enter into a strategic partnership with Era Projects that has been offering modern residential solutions which our customers can benefit from," remarked BBK deputy chief executive Mohammed Malik.

"Customers of all nationalities residing in the GCC and wishing to own a property in Era View Tower will enjoy excellent interest rates and loan terms from BBK," he added.

Being centrally located, the Era View tower offers easy access to major hotels and shopping malls.

The tower, which is just on the opposite side of Dolphins Park, gives the tenants uninterrupted sea and city view scenery. Besides, for them, it's just a walk away for a splash in a beach or dining in the nearby restaurants or relaxing in the coffee shops.

Era Projects CEO Abdulhussain Ghuloom expressed delight at the partnership with BBK. "This is a major step towards a new era of convenience for our customers where the main goal is to combine our offers at the Era View Tower and the financial solutions provided by the bank," he added.-TradeArabia News Service

Tags: Bahrain | BBK | Mortgage finance |

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