NBB partners with S Eleven Educational

TDT | Manama

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The National Bank of Bahrain (NBB) has signed a Memorandum of Understanding (MoU) with S Eleven Educational to provide education financing solutions to its students in University of Strathclyde in Bahrain.

S Eleven Educational has recently partnered with University of Strathclyde to offer a diverse range of undergraduate programmes at a new location in Bahrain Harbour.

NBB’s partnership will simplify the financing for the students through Education Financing, creating accessible opportunities for youth to pursue higher education.

The Bank will also offer competitive interest rates with no administrative and insurance fees in addition to flexible payment structures catered to the students’ varying financial needs. Commenting on the partnership, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, “Education is crucial for a knowledge-based economy.

Our strategic partnership with S Eleven Educational enhances the educational framework by supporting new university establishments in the Kingdom.

By providing accessible and affordable Education Financing, we enable students to achieve their academic goals and contribute to the development of future professionals without financial barriers.”

Dr. Abdulla Bader Al Sada, General Manager of S Eleven Educational, a partner of the University of Strathclyde Bahrain, further added, “We are pleased to announce our strategic partnership with The National Bank of Bahrain to provide innovative financing solutions that enable our students to achieve their educational goals easily and conveniently.”

NBB’s Education Finance offers up to BD 40,000, equal monthly instalments, repayment terms of up to 84 months, and a grace period up to 6 months.