Al Salam Bank signs MoU with AAB Properties

Manama : Al Salam Bank-Bahrain yesterday signed a Memorandum of Understanding (MoU) with AAB Properties to facilitate property-financing solutions for luxurious apartments in Knightsbridge Mansion Amwaj Island project near the Lagoon.

Present at the signing ceremony held at the bank’s headquarters in the Bahrain World Trade Centre were Anwar Murad - Deputy Group CEO of Banking at Al Salam Bank-Bahrain, Khaled Abdulaziz Buhajeeh – Operations Manager at AAB Properties along with other senior officials at the bank.

Speaking at the signing ceremony, Anwar Murad Deputy Group CEO – Banking of Al Salam Bank-Bahrain said, “We are delighted to enter this partnership in line with our commitment to facilitate customers with modern and elegant real estate development projects specifically designed to meet their luxurious living experience.”

The building also offers an investment opportunity for investors who wish to buy and rent the apartment for substantial returns on their investment and it is ready for hand-over to prospect buyers, the bank said in a statement.