NBB enchances cross-border home financing for Bahrainis

TDT | Manama

Email: mail@newsofbahrain.com

The National Bank of Bahrain (NBB) has enhanced its Cross Border mortgage financing solution, providing Bahraini nationals residing in Saudi Arabia and the United Arab Emirates with a seamless opportunity to finance their dream home in Bahrain.

As part of NBB’s dedication to providing comprehensive and accessible housing solutions, we leverage our strong presence in Saudi Arabia and the UAE to assist clients in securing their ideal property in their homeland. Our offerings include competitive interest rates, waived transfer fees, a streamlined approval process, and flexible repayment terms of up to 20 years, ensuring a convenient and efficient property acquisition experience.

Commenting on this milestone, Subah Abdullatif Al Zayani, Chief Executive - Retail Banking at NBB, stated, “ This mortgage finance solution provides a convenient and accessible pathway for Bahrainis in Saudi Arabia and the UAE to buy property in Bahrain which reaffirms our role as the national financial partner in the journey to owning a home.”

Cross Border Mortgage Finance solidifies NBB as a leading financial institution providing innovative solutions to facilitate homeownership for all, both locally and across the region.