KHCB to provide financial solutions for potential buyers

Manama : Khaleeji Commercial Bank (KHCB) announced the signing of a Memorandum of Understanding (MoU) with Burooj Properties Development Company. With the signing of the memorandum, KHCB will provide potential buyers with customized financial solutions for the purchase of residential units in the upcoming Burooj Residence project located in Amwaj Islands, as well as the ‘Ivory Tower’ located in Juffair.

“KHCB continuously works toward strengthening the relationship with real estate providers in the Kingdom of Bahrain. This comes as part of our commitment in providing and assisting citizens and potential customers with financial solutions that cater to their needs and suit their financial abilities, in terms of convenient housing facilities," said KHCB CEO Khali Al Meer.

“KHCB has currently signed various MOUs with a number of local real estate developers to provide personalized financial housing solutions. This move taken by the bank has proved extremely beneficial for potential customers where a variety of real-estate purchases have been funded by the bank through well-thought out and strategic financing techniques that comply with the Shari’a principles.”

“We are delighted to sign this partnership with KHCB, and we look forward to meeting the customers’ expectations in providing them with premium quality residential units at affordable prices," said Burooj Properties Development MD Mahmood Khalid Mahmood.