NBB signs deals with Real Estate Developers

TDT | Manama

Email: mail@newsofbahrain.com

The National Bank of Bahrain (NBB) has signed five Memorandums of Understanding (MoUs) with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. Held from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit gathered key industry stakeholders to collaborate on advancing national housing ambitions.

NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB’s financing solutions such as its new Tas’heel+ product. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers.

Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, “By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.”