Kuwait Finance House – Bahrain announced its participation within Eskan Bank’s exhibition at City Centre Bahrain from November 2 to 8, 2022, where representatives of the bank will be present to attend to customers’ inquiries regarding the Tas’heel and the new Mazaya schemes. This comes under the umbrella of the new housing schemes proposed by the Ministry of Housing and Urban Planning.
KFH-Bahrain offers seamless processing in addition to lower profit rates, and a tenor period of up to 30 years, as well as various financing options that meet the customers’ fiscal capabilities and residential needs. In line with the continuous development of housing financing solutions, this service aims to support the Ministry of Housing and Urban Planning's endeavors to provide multiple options that meet the different needs of Bahraini families.
Mr. Abdulhakeem Alkhayyat, Managing Director and CEO of KFH - Bahrain, said: “This comes as part of our strategic partnership with the Ministry of Housing and Urban Planning and Eskan Bank, which reflects our commitment to providing innovative financing solutions to those eligible to benefit from the Tas’heel and new Mazaya schemes. This partnership also reflects our ongoing commitment to meet the needs of our customers to overcome their financial obstacles, as well as achieving the Kingdom’s 2030 Economic Vision.”
Mr. Hamed Mashal, Head of Retail Banking at KFH-Bahrain, said: “We are pleased to be participating at the Ministry of Housing and Urban Planning’s exhibition, through which we aim to shed light on the AlMsayyan project in Diyar Al Muharraq, as the prices of the residential plots are affordable to the targeted segment. We look forward to promoting the financial solutions that have been specifically launched to enable our customers to own their residential property of choice.”
Located in Diyar Al Muharraq, AlMsayyan project includes 260 residential plots – with title deeds – which spread across an area ranging from 230 to 480 square meters. The project is expected to include retail units, parking lots, open green spaces and a mosque. AlMsayyan project is in close proximity to Dragon City, Thai Mart, Souq Al Baraha and close to the Canadian School.