NBB, KP Real Estate in Home financing deal

National Bank of Bahrain (NBB) yesterday signed a Memorandum of Understanding (MOU) with KP Real Estate SPC, a leading Bahrain based real estate developer, to provide home financing for the company’s Janayin Al Hamala project. With this agreement, NBB will offer to finance for the purchase of villas in the project which includes 148 readyfor-sale residential villas.

Bank staff will work closely with applicants providing personalized services to guide them through all requirements and documentation and can tailor mortgage financing options to the requirements of eligible customers. Commenting, Abdulaziz Al Ahmad, Chief Executive – Retail, Commercial & SMEs at NBB, said, “We look forward to working closely with KP Real Estate to help customers select and finance the purchase of their dream home in this unique and high-quality residential complex.”