Khaleeji Commercial Bank presents an extraordinary offer

Khaleeji Commercial Bank, one of the leading Islamic banks in the Kingdom, has announced the launch of its exceptional version of the Social Housing Finance Program "Mazaya" as the bank will present a special offer for the beneficiaries of the program to obtain financing up to BD 120 thousand and without down payment, and this comes in the context of the bank’s eagerness to provide affordable financing solutions that contribute to giving citizens who benefit from this program, an opportunity to purchase housing units that meet their desires without the need to provide the down payment, which often constitutes an obstacle to obtaining the required financing to achieve this.

By submitting this offer, Khaleeji Commercial Bank seeks to enhance its partnership with the government sector represented by the Ministry of Housing by finding quick and affordable financing solutions for citizens to finance the purchase of their housing units, in line with the requirements of Bahraini families and meets the aspirations of a wide segment of the bank's customers.

In this regard, Abdel Nasser Ahmed Al Rayes, Executive Director - Retail Banking Services commented: “Khaleeji Commercial Bank believes through its strategic partnership with the Ministry of Housing and the Housing Bank, the importance of contributing to offering innovative financing solutions to citizens, so that they can purchase housing units that meet their aspirations. Realizing the dream of many Bahraini families. ”

Al-Rayyis added: “Thanks to the broad base of strategic partners that Khaleeji Commercial Bank possesses, the bank was able to contribute effectively to establish the best financing options in the real estate field to meet the needs of our valued customers, by offering flexible financing mechanisms and competitive profit rates consistent with the provisions and principles of Sharia Islamic. We are looking forward to serving a larger segment of the beneficiaries of the Mazaya program.

At the end of his statement, Al-Rayes stressed the commitment of Khaleeji Commercial Bank to support national initiatives aimed at improving the standard of living of citizens and achieving their aspirations through participation in addressing the housing file through this special financing product.