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Tuesday, November 24 - 2009

BBK offers mortgage loans

In line with its ongoing plan to provide convenience to the Bahraini community and provide customers with a 'brighter banking' experience, BBK is launching Mortgage Loans as a new service.

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The service is designed to offer competitive rates and packages to individuals wishing to purchase new home properties.

The new BBK loan service is offered with relatively low salary requirements, long repayment tenures reaching up to 25 years, and highly competitive interest rates, all translating into small monthly installments, as well as, in-house insurance options.

Additionally, given the rapidly growing real estate sector, BBK offers a waiver on the title deed for loans taken to buy houses on development projects. The loan is open to all GCC nationals and joint ownership is an option. Customers can also expect a 3-month loan repayment holiday from the date of commencement of the loan.

Under its newly introduced identity, BBK launched its 'brighter banking' concept as a means of emphasizing that every customer's experience with the bank should be welcoming, convenient, and hassle-free. In line with that vision, BBK is dedicated to keeping up to date with the continuously changing lifestyle of all age groups by providing the latest in financial services, offered by well-trained teams.

BBK also offers the following services: Al Hayrat, BD50 savings certificates allowing customers the chance to win throughout 2005 - with the Grand Prize in December, consumer loans with competitive rates, StarMaker Accounts - for those under 21 years of age, and 24 hour, 7 days a week banking and account access when using the website.
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Log in to request more information from Bank of Bahrain & Kuwait (BBK)

Notes and media contacts

Information on BBK's new Mortgage Loans service is available online and or calling 17 207777.

For more information, please contact
Corporate Communications
tel. 17 207 480 or 17 207 240

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