NBB hands over first villas within the Suhail Real Estate Project

TDT | Manama    

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) has announced the official handover of the first villas within the Suhail real estate development project, the first of many projects under the Government Land Development Programme.

The Suhail real estate development was announced at the 2nd Housing Finance Exhibition which was hosted and organised by the Ministry of Housing & Urban Planning, in collaboration with Eskan Bank.

NBB is one of the main providers of social housing financing solutions, which includes Tas’heel finance, Mazaya, and Mazaya 2.0. The Suhail real estate project contains a total of 132 stunning residential villas, designed and constructed to the very highest standards by Al Namal Contracting & Trading Co. W.L.L. All the villas are listed at BHD 99,000, have three bedrooms and include a maid’s room.

Dr Khalid Abdulla, General Manager of Eskan Bank said; “Social housing programmes remain an integral part of the real estate solutions we offer.”

Commenting on the milestone, Subah Abdullatif Al Zayani, Chief Executive Retail Banking in NBB said; “Our longstanding partnership with the Ministry of Housing & Urban Planning, as well as Eskan Bank, has ensured future homeowners benefit from easy processing of their Mazaya, Tas’heel, or Joint Housing finances.”