• HSBC

Barclays, the latest bank on board for ETA Star

  • United Arab Emirates: Tuesday, September 25 - 2007 at 10:56
  • PRESS RELEASE

ETA Star, a leading property developer in the UAE, has tied up with eleven leading banks in the region for providing home loan options to its customers for all its projects.

The banks that have signed up partnership agreement with ETA Star are: Abu Dhabi Commercial Bank (ADCB), Arab Bank, Badr Al-Islami, Dubai Bank, First Gulf Bank, Mashreq, National Bank of Dubai (NBD), Tamweel, Union National Bank, Finance House and Barclays. Through this arrangement, ETA Star can now provide its customers with wider and easier accessibility of Home Loans for all their projects.

Commenting on the partnerships with the banks, Mr. Abid Junaid, Executive Director, ETA Star said:

"Our aim has always been to provide the customer with the best of services and live up to the trust that they have on us. It gives us great pride that some of the foremost banks and financial institutions in the UAE have partnered with us. This has further validated our credentials as the region's trusted property developer. Through this partnership, we are now able to offer the customer with a wide range of mortgage options."


Mr. Amin Habib, Managing Director, Barclays Bank PLC said, "Barclays is very pleased with this partnership. We are certain that Barclays services will bring great value to ETA's customers. We always aim to provide the best financial solutions to customers, and we are confident that our loans to ETA's home buyers will do just that".

ETA Star is currently developing millions of square feet of premium property in countries across the Middle East and South-East Asia, including UAE, India, Sri Lanka, Qatar and Turkey. ETA Star has built thousands of beautiful homes and living communities, as well as, world-class business and commercial developments across the globe -- all excellent investment opportunities, which are fast reshaping the urban skyline. Keeping this track record in mind along with a distinctive ETA Ascon lineage, the regional banks have developed confidence in ETA Star Properties and a strong credibility has been established with the leading financial institutions of the region.

A rare promise to keep in today's swarming real estate market; every ETA Star property is as per schedule and construction is progressing at an aggressive pace. Forever in pursuit of better customer service, ETA Star has introduced revolutionary and innovative investment opportunities for their customers with unique partnerships with leading financial institutions across the world.

ETA Star is one of the leading property development companies in the GCC and is the first developer in the region to be awarded the ISO certification. The company has successfully launched projects close to 10 million sq ft in various master development communities like Dubai Marina, Jumeirah Lake Towers, Dubai International Financial Centre, Business Bay and International Media Production Zone. ETA Star's portfolio includes pioneering projects such as 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Palm Jumeriah Residence and Spa and Grandeur Residences, The Summit, Pearl Residence, The Belvedere and Gold Crest Views-2.
Left to right: Mr. Amin Habib, Managing Director, Barclays Bank PLC and Mr. Abid Junaid, Executive Director, ETA Star. 
Left to right: Mr. Amin Habib, Managing Director, Barclays Bank PLC and Mr. Abid Junaid, Executive Director, ETA Star.
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About ETA Star
ETA Star Property Developers LLC is the property development arm of the ETA-Ascon Group. The company's prime objective is to harness the growing commercial opportunity in Dubai's freehold market. Developments over 10 million square feet of built-up area are already underway and many more are planned over the coming months. ETA Star's portfolio currently includes prestigious commercial and residential properties such as 23 Marina, Liberty House, Goldcrest Executive, Goldcrest Views - 2, The Belvedere and The Palladium. In addition, ETA Star is developing commercial and hospitality projects at the DMC complex, Palm Jumeirah Crescent, Port Saeed, Salahuddin Road and other prime locations in the UAE. ETA Star is also developing major residential and info-tech parks in India and Sri Lanka.

For further information, please contact:
Ayesha Tully/Jumana Aman
Watermelon PR
Dubai, UAE
Phone: +971- 4 -2833 655

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