BisB and Manazel Real Estate launch property financing offers

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

Bahrain Islamic Bank (BisB), the leading provider of digital banking services in Bahrain, has signed a partnership agreement with Manazel Real Estate, a leading real estate developer, to launch special real estate financing offers for customers interested in purchasing a property from “Manazel Real Estate”.

Under this partnership, BisB will be offering its customers with simplified financing solutions at competitive profit rates, enabling them to purchase any of the properties available at “Manazel Real Estate”, in addition to complimentary fire insurance.

Furthermore, “Manazel Real Estate” will also be providing the customers a coupon worth a total of BD 1,000. Fatema AlAlawi, Chief Retail Banking Officer at BisB, said: “We are pleased to be partnering with Manazel Real Estate to provide facilitated property finance solutions at competitive rates, as part of our ongoing efforts to provide simplified solutions for our customers.” On his end, Faisal Sharaf Mohsen, Chairman of Manazel Real Estate, commented: “Homeowners will also have the chance to receive a coupon worth BD 1000.

We anticipate that the joint offer will lead to widespread appeal among the Bank’s customers who wish to buy high-quality real estate.”

Manazel Real Estate includes a wide range of real estate options situated across the Kingdom, designed to meet the various needs of its customers.

BisB offers its services through a network of 8 branches and user-friendly digital platforms, including online banking and a mobile app.